How long does it take to sell my company?
Simple questions can have more complex answers when it comes to selling your company. Like your company growth plan, it’s all about your planning. The mechanics of selling won’t take that long. The preparation for selling could take years. If you’re under $1M in revenue, there are large market buyers that won’t give you a
Read MoreDon’t Give Up on Your New Year’s Resolutions Yet!
January 19 is the day most people give up on their resolutions, in fact, Strava calls it “Quitter’s Day.” A few years ago I was at a New Years’ eve dinner with a friend and our spouses and we were talking about our reading habits. Both of us read a good number of books a
Read MoreHaving a Plan for an Exit – Hint, you don’t have to sell.
Originally published on Startup Digest – Prepping for Exit – a Founder’s Perspective on M&A This may be your year to think about exiting – or it may be the year you raise a big round of funding. Let me contrast the options that you will often hear called by the name “Dual Track.” You
Read More2019 M&A Rankings – Unicorn Recovery?
With Unicorn’s like WeWork in the news, it may be tough to get past the battered unicorn storyline! Overall Tech M&A, especially internet/e-commerce and business software continue to be strong. Though Slack’s Direct listing didn’t have the hype of an IPO it did maximize the capital gained to the company (vs the late-stage investors). The
Read MoreHaving a Plan to Exit Doesn’t Mean You Have To Sell
This article originally posted via Startup Digest Reading List – Prepping for Exit – a Startup Digest Reading List You don’t have to be actively preparing to sell your company – but you should have the groundwork in place if and when you want to sell. Last week I had the chance to spend time
Read MoreBuyers Profiles – Strategic vs Financial Buyers
You’re going to have two types of buyers for your company, a Strategic Buyer or a Financial Buyer and their profiles are significantly different. In this post, I’m not talking about a merger of equals. I’m talking about selling your startup to a company that has the cash and/or equity to purchase your company and
Read MoreSales Price – Matching Expectations and Reality
Selling your company can be like selling a rare or vintage car. It’s hard to pin a value because it really depends on who you are selling it to! Sadly, there is no “standard formula” for exit price. Your earliest rounds of funding are based on a combination of the market size (TAM), your team,
Read MoreProduct Market Fit and your Exit
How you value your company will be greatly impacted by your current momentum – especially in sales and revenue growth. Is product-market fit a mystical thing? Not really, though it can be defined that way at times (mostly as something you don’t yet have). For some B2C companies, it’s a radical point of customer adoption.
Read MorePrepping for Exit
Is it time to sell your company? Preparing to exit your startup can be an emotional process, filled with ups and downs – and that’s even before you hire a banker! This post has been promoted to a page That’s why I’ve joined my former teammate at Techstars, Jessica Ford, the Director and publisher of
Read MoreSeattle Startup Week #SSW2019 – Funding Readiness
Is your startup Venture Ready? This presentation was made at Seattle Startup Week 2019, October 25, 2019. It includes an overview of: Venture Ready Score Business and Revenue Models for Startups Fundraising 101 – what’s the process 13 Slides for your slide deck
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