Every entrepreneur has dreamed of striking it rich by selling their company for millions or even billions of dollars. From Facebook’s purchase of WhatsApp for a mind-blowing $19 billion, to Microsoft’s $7.5 billion buy of GitHub, the tech industry is full of startup success stories.
In reality, however, achieving your startup goals will require a great deal of forethought and strategic planning. Just as buildings need to have well-built, clearly defined exits, startup founders need to establish a well-built, clearly defined exit strategy for their company—whether that means going public in an IPO, or selling the company in an M&A deal.
Along the way, you’ll need to bust some of the common misconceptions surrounding M&A opportunities. In this article, we’ll discuss the realities behind 6 of the most common exit strategy myths.Read More