Lecture Note__New Venture Startup_MBA_Alto_04-9 Exit Strategies

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Exit Strategies
Why Discuss Exit? A weird topic to discuss when you are talking about startup? Usually not something to “worry about” when you have a successful company (you will plenty of options) Some investors will definitely ask about it (they need to make money) -to see what options you are considering. Some people get turned off when you talk about exiting too soon. Social entrepreneurs seldom talk about exit because they are focused on their mission of changing the world. Best Answer as an Entrepreneur: “We are open to advice and options but we are focused on running and growing our business”
Common Methods of Exits? Sell the company to a larger company in your industry (private or public) Sell the company to a strategic buyer (private or public), e.g., related industry or another country, etc. Sell the company to an investor (e.g., private equity firm) Sell the company to your employees (management buyout) Go Public via a standard method on a major stock exchange Go public via non -traditional methods (reverse merger, smaller stock exchange, sell to customers, etc.) Other: Run the company dry, sell assets, liquidation, go out of business, etc.
하고 싶은 말
핀란드 Aalto 대학교 MBA 과제