Exit Strategy
When VCs stop touting exits as evidence of successes in their portfolios, you’ll stop seeing entrepreneurs with “exit” slides. So I’ll buy the “exits aren’t important” rationale when I see even one term sheet that creates incentives for long-term profit-sharing over a sale or IPO. (I’ve also never been through a full due diligence cycle where the investor didn’t ask the entrepreneur—even informally—about acquisition possibilities.)
Exit Strategy
When VCs stop touting exits as evidence of successes in their portfolios, you’ll stop seeing entrepreneurs with “exit” slides. So I’ll buy the “exits aren’t important” rationale when I see even one term sheet that creates incentives for long-term profit-sharing over a sale or IPO. (I’ve also never been through a full due diligence cycle where the investor didn’t ask the entrepreneur—even informally—about acquisition possibilities.)
Posted 10 months ago 28 notes
Notes:
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david liked this
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gbattle reblogged this from rafer and added:
gbattle sez: Rafer, it appears you’re suggesting the so called “exit strategy” discussion moot as it has much more to do...
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gbattle liked this
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jitle liked this
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rafer reblogged this from bijan and added:
liquidity early, but...median deal size and half-life
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ryantwomey reblogged this from bijan and added:
So many companies are purchased...such myriad reasons
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caterpillarcowboy reblogged this from spiers and added:
For whatever reason, I think many (usually first-time) entrepreneurs feel like there is an expected format for VC pitch...
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ninety9 reblogged this from spiers and added:
Really? A set-top manufacturer buying Sling? A content distributor buying Daily Candy? Yeah, I can’t imagine anyone ever...
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spiers reblogged this from bijan and added:
often than not, but...pretty disingenuous...venture capital...
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reecepacheco reblogged this from bijan and added:
here. Sure, it’s nice...game first. To use another war reference, this one from WWII - ‘We...
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