ta mccann startupday 2011 speech

10
T.A. McCann – the exit…

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Exit Strategies

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Page 1: TA McCann StartupDay 2011 Speech

T.A. McCann – the exit…

Page 2: TA McCann StartupDay 2011 Speech

First class

Over the wings

When the plane crashes

Page 3: TA McCann StartupDay 2011 Speech

What is the motivation…align early

Page 4: TA McCann StartupDay 2011 Speech

What are you worth, when…

• Team

• Team + product

• Team + product + traction

• Team + product + traction + scale

• Team + product + traction + scale + revenue

Page 5: TA McCann StartupDay 2011 Speech

Distributionand customer

focus

Page 6: TA McCann StartupDay 2011 Speech

You only control your timeline…

Page 7: TA McCann StartupDay 2011 Speech
Page 8: TA McCann StartupDay 2011 Speech
Page 9: TA McCann StartupDay 2011 Speech

• 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

Page 10: TA McCann StartupDay 2011 Speech

http://gist.com/tamccann