Exit Strategy
Q: How can I move on and move out of my business once I receive funding? Should
I really be concerned about the exit strategy?
- If youre building a company, youre doing it as a long-term endeavor, and the
way to create an exit strategy is to create a company that makes money. If a company makes
money, you will have multiple opportunities to exit that company with somebody buying you
or somebody taking a piece of it. But it takes a long time to make money. If you put the
exit strategy before making money, you have a high probability of failure.
[John Burton] from Positioning Your Comapny
for Early-Stage Financing
- Remember that the venture capitalists want to get a good return on their money. The only
way they can get a good return on their money is if they have a way of turning equity in
your company into money. So, an investor is going to be your partner for a long time. And
that is the extent to which you should think about exit strategy.
[Chuck Stein] from Positioning Your Comapny
for Early-Stage Financing
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