You are here: Home » Exit Strategy

Exit Strategy

Financial Loss

This video is a talk I gave at the Element8 angels workshop: Investing a World With Few Exits. Some of the key points from my talk: I believe only 25% of all companies that could have been sold actually end up successfully exiting If a company misses the ideal time to exit, then the most […]

Continue Reading

Recently, at an Exit Strategies Workshop in Victoria, someone asked me to compare the pros and cons of an early exit versus a traditional Venture Capital financing. The scenario we used for our example was a successful startup company with a proven business that needed $10 million to $20 million to fund growth. (In this […]

Continue Reading

Exits Workshop Part 6 Axel Christiansen - Sub Debt

Highlights of Part 6 – Financing Strategy for Maximum Exit Value: Axel Christiansen introduction. And why is he so funny? What is Sub Debt and who is it useful to? In what types of exit transactions? Company value as a multiple of EBITDA. The “New Normal”. Seven reasons to create a financing package. Vendor notes […]

Continue Reading

Exits Workshop Part 3 Basil Peters Every Company Needs an Exit Strategy

The third presentation at The Exit Strategies Workshop 2011 explains why every company should have a clear, signed exit strategy. Highlights of Part 3 – Every Company Needs an Exit Strategy. The exit is just another business process. Companies should be sold – not bought. Why this is such a critical concept. Optimum exits require […]

Continue Reading

Exits Workshop Part 2 Mike Volker We Need More Exits

In the second presentation at The Exit Strategies Workshop 2011, Mike Volker describes why Angel investors are saying: “We need more exits.” Highlights of Part 2 – We Need More Exits: The big question: Should we grow bigger or sell? It’s all about EXITS!! – need a real “Plan”. But, CEOs are in no hurry […]

Continue Reading

Exits Workshop Part 1

The first presentation at The Exit Strategies Workshop 2011 describes why this is a “Golden Era for Entrepreneurs.” Highlights of Part 1 – The Economy Has Changed: The whole world has changed. The big tech companies aren’t creating wealth anymore – for their investors or employees. Startups create ALL of the new jobs. What does […]

Continue Reading

Basil Peters at the AM&AA Summer Conference 2012

When a saleable company fails to sell, it’s often the seller’s psychology that kills the transaction. Most of the time, the seller doesn’t even know that they were the reason their company failed to sell. This talk describes the seller psychologies that can kill exits. The Psychology of Exits Presented at the Alliance of Merger […]

Continue Reading

Exits in 2012- Part 1

How Exits Have Changed in 2012 – Presented at the National Angel Capital Association Summit – March 8, 2012 in Austin, Texas – Highlights of Part 1: Investing is easy – getting our money back is much more challenging Three reasons why it’s more challenging to learn about exits than investing Exits just don’t happen […]

Continue Reading

Every company needs an exit strategy. Ideally, the exit strategy should be signed off by the founders before the first dollar of external investment goes into the company. A good exit strategy, well matched to the characteristics of the business and market, will: improve the probabilities of success shorten the time to exit, and often […]

Continue Reading

Adding_Financial_DNA

Companies certainly have cultures. They also seem to have DNA. Corporate DNA is formed early on in a corporation’s life-cycle. But unlike most living creatures, a company’s DNA can change later in life. Corporate DNA, like all other DNA, determines, to a large extent, the characteristics and success of the organism. Flaws in the DNA […]

Continue Reading