Exits are the best part of being an entrepreneur or investor. It’s when we get financially rewarded for all of the creativity, hard work, investment and risk we put into our companies.
Basil PetersToday, the optimum financial strategy for most technology entrepreneurs is to raise money from angels and plan an early exit to a large company in just a few years for under $30 million.
Basil PetersNobody can predict the future. We may be near the peak of the tech M
Basil PetersIn the most successful exits, the company should be delivering its peak performance for the months leading up to the final price negotiations and closing.
Basil PetersAs VCs invest more and more money in each company, they have to wait longer and longer before they can exit.
Basil PetersFrom the time that all of the sales collateral is complete until the cash is in the bank, the exit process can take as little as 4 to 5 months and as long as 18 to 24 months.
Basil PetersAngels also often want to contribute more than money to a young company. Angels have the experience, and inclination, to be great mentors and valuable directors.
Basil PetersBuilt to flip' should not be a dirty phrase or unnatural act. I believe that to succeed today, entrepreneurs must not only aspire to early exits, but design that objective into their corporate structures and corporate DNA.
Basil PetersIn the vast majority of exits where shareholders receive a good price for their company, there is an experienced business broker or M
Basil PetersVC bias toward swinging for the fences means companies that could have exited easily in the $20 to 30 million range will end up being 'ridden over the top' and eventually worth much less—or possibly nothing at all.
Basil PetersSeite 1 von 2.
nächste letzte »
Data privacy
Imprint
Contact
Diese Website verwendet Cookies, um Ihnen die bestmögliche Funktionalität bieten zu können.