366. Kyle Sturgeon on turnarounds, bankruptcy, and restructuring
Kyle Sturgeon, an alum of Alvarez & Marsal and McKinsey, is a Managing Partner and Co-Founder of MERU.\xa0
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He has led complex transformations and restructurings for companies across industries, with a focus in retail and consumer, healthcare, and materials.\xa0
Today we discuss what\u2019s involved with guiding a company through bankruptcy or restructuring. To find out more about Kyle\u2019s company visit: wearemeru.com.
Key points include:
00:58: The birth of Meru
04:32: Shutting down a $200,000 company
10:22: How to sell off inventory
17:06: How Kyle\u2019s business model works
21:34: A restructuring project
22:47: The Tough Mudder case study
31:52: Orientation towards cash
41:30: The growth of Meru
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