FINTECH Circle Pop-Up Board – A Company in Crisis

This Board discussion puts you in a difficult board situation having to solve multiple challenges including that the co-founders fall out, a key investor who already signed the term-sheet changed their mind and does not go forward in transferring the capital, the expensive new Sales Director does not perform and the biggest customer might not renew. As a result you have to deal with an existential crisis for the company and the CEO needs your advice on how to best navigate the options. Note that the above are all based on actual experiences by Fintech companies but due to the sensitivity we will not provide names.