Blog

Exit Strategy

Exit War Stories and Life Strategies

by Basil Peters | April 8, 2015 | no responses

Deciding to sell a company is one of the biggest decisions we make as business owners. It will change your life in ways that are impossible to imagine. And it will often change the lives of your shareholders and employees. And, as important as this decision is, the truth is - we are not very good at exits.

Key Points:

  • We dramatically underutilize exits as part of our life strategies
  • To succeed, CEOs have to learn to b...

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Exits Workshops

Exit Strategies Workshop – Nashville

by Basil Peters | April 7, 2015 | one response

These are the videos from an Exit Strategies workshop at the Inc. GrowCo conference in Nashville. GrowCo is Inc Magazines annual conference for high growth companies. This was a pre-conference workshop attended by about 100 CEOs and business owners.

Section 1 - 75% of the Time we Blow It:

  • Yes, I’m saying that 75% of the time when entrepreneurs and investors build a company that could have been sold we blow ...

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Entrepreneurship

This Golden Era for Entrepreneurs UBC Sauder School of Business

by Basil Peters | October 2, 2014 | no responses

Lecture to the MBA class: Growing and Exiting a Venture at the UBC Sauder School of Business on why I believe this is a 'Golden Era' for entrepreneurs.

Topics include:

  • There has never been a time before when it was so easy for so many entrepreneurs,
  • to create such valuable companies on so little capital,
  • and sell them so early for so much money
  • The biggest change in the 21st century
  • Big...

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Early Exits

Got a Patent? Sell the Company!

by Basil Peters | July 26, 2014 | 18 Comments

I Thought I Understood Patents

When I was CEO of my first technology company I thought I understood how patents worked. But it was only after managing a hedge fund for a few years that I began to appreciate the risks patent holders face. Many entrepreneurs think that the real test of a patent’s value is whether or not it will be granted. But in my experience the real value isn’t known until you’ve spent years, and millions of dollar...

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Exit Execution

Exit Strategies for European Tech & Life Sciences Companies – Artic 15, Helsinki

by Basil Peters | May 27, 2014 | no responses

Exit Strategies for European Technology and Life Sciences Companies

At the Artic 15 Conference: Exit Path in Helsinki, I describe exit strategies for European technology and life sciences companies. And explain why I believe growing a knowledge-based company in Europe today can be better than building one in Silicon Valley.

Highlights include:

  • Why it used to be easier to grow a company in America
  • Yes, raising capital in Europe is more challenging and why
  • Fortunately, capital...

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Exits Workshops

Exit Strategies Workshop – Helsinki

by Basil Peters | May 26, 2014 | no responses

This Exit Strategies workshop was presented at the Artic 15 Conference in Helsinki, Finland May 26, 2014.

There were almost 2,000 entrepreneurs and investors from countries throughout Northern Europe and the Baltics.

Highlights from Part 1 - Exits Have Changed

  • The world is changing
  • Big companies have lost the ability to innovate
  • The best and the brightest now work in startups
  • ...

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Angel Investing

Improving Returns for Angels and Entrepreneurs – Element8 Angels, Seattle

by Basil Peters | | one response

This video is a talk I gave at the Element8 angels workshop in Seattle: 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 likely result is that it will fail completely...

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Early Exits

Got a Patent? Sell the Company! Element8 Angel Conference, Seattle

by Basil Peters | May 13, 2014 | 5 Comments

This is an excerpt from a talk I gave at the Element8 angels workshop in Seattle: 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 likely result is that it will fail ...

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Entrepreneurship

Why Big Companies Can’t Innovate

by Basil Peters | February 15, 2014 | 13 Comments

When I was in grad school I co-founded a company that grew to become the second largest manufacturer of cable television headend equipment in the world. For the ten years after I graduated, I woke up every morning thinking of ways to out-innovate our two major competitors. We were a startup and they were both Fortu...

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Entrepreneurship

What Happened to Venture Capital? UBC Sauder School of Business

by Basil Peters | January 10, 2014 | no responses

What Happened to Venture Capital

This was a lecture to the MBA Entrepreneurial Finance Course at the University of British Columbia Sauder School of Business.

Here's what happened to the Venture Capital industry:

  • Intel, Microsoft and Cisco aren't making money for their shareholders
  • Or, more importantly, for their employees
  • That's part of the reason the best and brightest are now working in startups
  • Big companies have lost their a...

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