Circling the drain.
The VC handbook....
1) Buy a firm at a low price.
2) "Leaverage" to the hilt and pay massive 'management fees' to your VC company
3) Liquidate assets and make massive layoffs in the name of "restructuring."
4) Pay massive 'management fees' to your VC company.
5) Repeat until victim.. erm I mean firm... is a shell and declare bankruptcy.