Category: Exit Strategy

Exit strategy.

Angel Investing

Early Exits Workshop – Banff

by Basil Peters | November 22, 2013 | no responses

This Early Exits Workshop was presented at the National Angel Capital Organization (NACO) Annual Summit in Banff, Alberta.

NACO Summits are usually around 500 attendees. Most people are from Canada, but international attendance increases every year.

Key Points from Part 1 - Early Exits

  • Seed and startup investing is changing
  • The “Traditional VC model” is broken
  • Startup costs ar...

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Angel Investing

Double Your Exits – New Zealand

by Basil Peters | October 31, 2013 | no responses

This short workshop was presented at the the 6th Annual Angel Investor Summit, Dunedin, New Zealand - the second most southern city in the world.

As part of an economic development initiative to stimulate investment in technology, I was invited by the New Zealand government to spend a week traveling up and down the country to meet with angel groups and government officials.

Double Your Exits includes:

Early Exits

An Early Exit is Better than a VC Financing

by Basil Peters | October 6, 2013 | 4 Comments

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 article, I am being precise about the distinction between the business a...

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Exit Strategy

Don’t Ride It Over the Top – Amsterdam

by Basil Peters | September 23, 2013 | one response

This was a presentation to a hundred Dutch investors and CEO's at the Nyenrode Business Universiteit just outside of Amsterdam. In this video I describe the critical importance of exit timing and the dramatic effect it can have on investor returns and the lives of entrepreneurs.

This talk included:

  • How the internet has accelerated everything and shortened company lifecycles
  • Entrepreneurs now have “Weekenders” whe...

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Angel Investing

Every Company Should Have an Exit Strategy

by Basil Peters | March 11, 2013 | 6 Comments

Every company should have a signed exit strategy. This is especially critical before contacting the first external investors. Different investors are compatible with different exit strategies. Getting this wrong can actually kill the company. The exit strategy is the foundation for the entire company plan.

Key Points:

  • All companies can be divided into two types
  • Only one of those two types works for investors
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Exit Strategies Workshop – Vancouver

by Basil Peters | October 11, 2012 | no responses

The first section of this Exit Strategies Workshop describes why this is a "Golden Era for Entrepreneurs."

This was another sold out event organized by the Vancouver Angel Forum.

Highlights of Part 1:

  • 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 this...

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Angel Investing

Exit Strategies Workshop Part 2
We Need More Exits

by Basil Peters | October 10, 2012 | one response

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 to sell.
  • Angel Investing 101.
  • Case study - What's wrong with this picture?
  • ...

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Angel Investing

Exit Strategies Workshop Part 3
Every Company Needs an Exit Strategy

by Basil Peters | October 9, 2012 | one response

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 strategy and planning.
  • A focus on exits is healthy – it does n...

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Exit Strategy

Exit Strategies Workshop Part 6
Financing Strategy for Maximum Exit Value

by Basil Peters | October 5, 2012 | one response

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 and other financing tools.
  • Case Study: Buy Me Inc.
  • Su...

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Exit Execution

The Psychology of Exits

by Basil Peters | September 12, 2012 | 7 Comments

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 and Acquisition Advisors Summer Conference July 10, 2012 in Chicago