10414459
join:2007-04-23
Key West, FL
| Re: SunRocket Days are OVER! ViaTalk would be foolish to even attempt to buyout SunRocket.
On the other hand, if I were the VC's and wished to maximize my chances of recouping at least part of my investment then I would not sell.
Instead, they should fly to New York and meet with Brendan.
Brendan, has a proven track record of building an independent VOIP business literally frocm scratch and it apparently cash flows. He is lean, mean, competitive and entrepnueral.
The VC's should enter into a management contract with Brendan together with equity options upon meeting negotiated financial goals.
Once the management change is in place, Lisa Hook and her 25 remaining employees can be put out to pasture. | |
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SoSadSR
@comcast.net
| Re: SunRocket Days are OVER! said by 10414459  :ViaTalk would be foolish to even attempt to buyout SunRocket. ViaTalk would be a last ditch effort on SunRocket's part if there absolutely was no buyer in sight and they're about to have the lights shut off on them.
Brendan wouldn't need to purchase ANYTHING but the customer lists and perhaps work some BGP magic with SunRocket's ISPs to maintain their IP block so they can re-point the IP address block and re-provision the SunRocket gizmos for ViaTalk's service.
As for SunRocket's equipment (servers, office furniture, etc.) absolutely none of that is needed or wanted, I'm sure, by VT. They'd just be adding growth on to the network they've already built. There is no need to gain other people's legacy equipment and backend billing systems, etc.
I've been through an ISP buyout, and I'm sure this would be somewhat similar (all speculation) -- they would need one or two of SunRocket's Senior Engineers (paid probably through contract consulting) to help in the migration process and that'd pretty much be it.
ViaTalk would be a last ditch effort to recover SOMETHING... | |
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10414459
join:2007-04-23
Key West, FL
| Re: SunRocket Days are OVER! No I disagree. ViaTalk is the VC's only viable option. Vonage is a walking zombie and is encumbered with legal issues. Primus which owns Lingo is a very small insignificant company the trades by appointment in the pink sheets, it is a bulletin board stock. Packet8 is hardly in better shape.
ViaTalk should not risk or spend a penny on SunRocket. By a fortuitous set of circumstances, Brendan has the VC's by the short hairs. He is their only viable option, they should make him an offer that he can't refuse. | |
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NY Tel
Premium
join:2004-04-09
Smithtown, NY | Re: SunRocket Days are OVER! Can I ask why you are acting like you have a ringdown circuit to Brendan's kitchen?
He already said he had no plans and your post appear as if you are obsessed with venture capitalists having a meeting on Brendan. | |
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VTBrendan
Viatalk
Premium,VIP
join:2005-06-27
Clifton Park, NY
| Re: SunRocket Days are OVER! said by NY Tel :Can I ask why you are acting like you have a ringdown circuit to Brendan's kitchen? He already said he had no plans and your post appear as if you are obsessed with venture capitalists having a meeting on Brendan. Thats a good question.
-Brendan | |
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10414459
join:2007-04-23
Key West, FL
| The reason is very simple. I am a retired investment banker. Money is my business, I like it, you might say that I collect it.
I did not retire at 52 by being nice, I am an opportunist.
I know exactly what is going through the VC's minds and I know what I would do it I were in a similar situation.
Personally, I have no dog in this game therefore, I could care less if the VC's or Brendan fail to seize the opportunity.
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NY Tel
Premium
join:2004-04-09
Smithtown, NY | Re: SunRocket Days are OVER! Understood but if the business owner says no then your discussions and suggestions are moot since they'll never happen. | |
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