240 likes | 288 Views
A deck used to strike up a conversation about Exit Planning at an Angel's Gate Offline Workshop.
E N D
Selena Sol presents….. EXIT Practical Exit Planning for Entrepreneurs selena@selenasol.com http://www.linkedin.com/pub/eric-tachibana/0/33/b53 http://www.slideshare.net/selenasol
why how when
$100 million on paper is $100 million of the wrong kind of paper
why how when
IPO Trade Sale Zombie Firm Liquidation
IPO’s • Selling a dream means building / buying a dream • (and keeping a promise – is it really an ‘exit’?) • 0.25% of companies are public • (Of those, how many do you think are rigged?) * wiki.answers.com
Trade Sales • Shoot for where they will be (but date a bit) • Love the Borg – be easy to assimilate • Don’t focus on the multiplier, focus on the perceived value • There are the quick and there are the dead
Zombie Firm • Zombie firms may seem boring, but they are the economy • Willy Wonka says due diligence & open options are key when selecting successors • But maybe he forgot to consider an oompaloompa buy-out option • Sustainability is about the firm, not the people
Liquidation • Bricks and mortar are easily sold to other builders
why how when
Year 0 - 1 Start-up Year 2 - 4 Consolidate Year 3 - 5 Exit Year 1 - 2 Scale-up Plan for exit Prep for exit Execute exit Build for exit
Selena Sol asks….. SHARE THIS DECK & FOLLOW ME (please-oh-please-oh-please-oh-please) http://www.slideshare.net/selenasol/presentations stay up to date with my future slideshare posts selena@selenasol.com http://www.linkedin.com/pub/eric-tachibana/0/33/b53