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Exit Strategy - Umbrella in your drink?

July 11th, 2007 by Amish Parashar

So I am fortunate to get to work with a number of founders as they get their companies off of the ground. One thing common to about 50% of the pitches I hear is mention of an exit strategy.

These typically fall into one of three categories:

  1. I’ll be acquired by Microsoft, Google, Pfizer, or my friends over at XYZ Big Public Company within the next few years
  2. I’ll have an exclusive deal with in a few months, then they’ll want to buy me or buy lots of my products
  3. I’ll have a quick IPO, make a boatload of money, then buy a boat…

I have yet to hear a technology entrepreneur say to me “I’m hoping to run a successful, growing company for the foreseeable future”.
Perhaps, like most entrepreneurs, the exiting bunch are being optimistic - or perhaps the conversation needs to shift slightly to reflect the reality of running a growing company:

“Life is a journey not a destination”

Posted in Entrepreneurial, Start-up, Venture Capital |

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