t.a. mccann_startupday_exit strategy
Post on 12-Jan-2015
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T.A. McCann – the exit…
First class
Over the wings
When the plane crashes
What is the motivation…align early
What are you worth, when…
• Team
• Team + product
• Team + product + traction
• Team + product + traction + scale
• Team + product + traction + scale + revenue
Distributionand customer
focus
You only control your timeline…
• Think in 18 month cycles– When you need to raise money– When the world changes (competitive features, acquisitions…)– When the team needs a change– 6 months before EOC, look at the plan
• Distribution and vision are the focus
• Know your exit criteria, be clear and concise with everyone ($, why, where…)
• When the time comes, leverage your community
http://gist.com/tamccann
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