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...
This video explains why I believe that not missing the "Wave of Consolidation" may the successful CEO's most important job.
How Exits Have Changed in 2012 -
Presented at the National Angel Capital Association Summit -
March 8, 2012 in Austin, Texas -
Highlights of Part 4:
The most devastating reason that companies fail to ...
Most entrepreneurs wait too long to start thinking about their exit.
They usually sell their companies for much less than they could have. The valuation curve, and return to shareholders, usually ends up looking something like this.
Most entrepreneurs don’t even know that a VC is likely to block an exit when they accept the VC’s money. I didn’t when I started out —and neither did my friend who I describe in "Why VCs Block Good Exits".
In my first company it wasn’t until the final extraordinary general meeting, when the shareholders were voting to approve the exit transaction, that I actually reali...
The main thesis of my book Early Exits is that entrepreneurs and angel investors would make more money, and have more fun, if they built companies around a strategy of early exits.
In "Early Exits" show that most M&A transactions are under $30 million. More recentl...
This is a very good time to sell your technology business - so good you might want to accelerate your exit strategy.
There is an interesting article in the April 7, 2008 issue of Business Week titled “Ravenous for Small Tech”. The article reports that while the change in value of mergers and acquisitions in 'all sectors' is down 51% in 2008, compared to last year, the value of 'high technology' M&A is actually up 132%.
In a May 2008 ar...