Jan 7

The Tech Vulture

Liquidator: 6,500 tech firms among ‘walking dead’: Interesting story about a guy with a sobering job. Doesn’t bode well for the tech firms.

Amid rising hopes for a high-tech turnaround, there’s this sobering sign: Martin Pichinson — a man who has buried nearly 150 failed startups since 1999 — has swooped into Silicon Valley like a vulture lurking over a pack of wounded animals.

Pichinson, a self-described “doctor of reality” who helps liquidate companies, says he wouldn’t have moved from Los Angeles to Palo Alto a few months ago had he not smelled more high-tech trouble looming.

by Deane   January 7, 2004 5:13 PM   |

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