exit planning for entrepreneurs - presentation for angel's gate
Post on 17-Oct-2014
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DESCRIPTION
A deck used to strike up a conversation about Exit Planning at an Angel's Gate Offline Workshop.TRANSCRIPT
![Page 1: Exit Planning for Entrepreneurs - Presentation for Angel's Gate](https://reader034.vdocuments.mx/reader034/viewer/2022051608/544168e7b1af9ff74b8b4714/html5/thumbnails/1.jpg)
EXITPractical Exit Planning for Entrepreneurs
Selena Sol presents…..
[email protected]://www.linkedin.com/pub/eric-tachibana/0/33/b53
http://www.slideshare.net/selenasol
![Page 2: Exit Planning for Entrepreneurs - Presentation for Angel's Gate](https://reader034.vdocuments.mx/reader034/viewer/2022051608/544168e7b1af9ff74b8b4714/html5/thumbnails/2.jpg)
whyhow
when
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you > this one idea
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$100 million on paper is $100 million of the wrong kind of
paper
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most 49ers wound up dead of
pneumonia in a stream bed
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Greed
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Growth
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Exhaustion
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Failure
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whyhow
when
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IPOTrade Sale
Zombie FirmLiquidation
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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
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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
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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
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Liquidation
• Bricks and mortar are easily sold to other builders
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why how
when
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exit starts at birth…
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know when to fold ‘em…
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know the cost of holding ‘em…
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Year 0 - 1Start-up
Year 1 - 2Scale-up
Year 2 - 4Consolidate
Year 3 - 5Exit
Plan for exit
Build for exit
Prep for exit
Execute exit
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now let’s chat…
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SHARE THIS DECK & FOLLOW ME(please-oh-please-oh-please-oh-please)
Selena Sol asks…..
http://www.slideshare.net/selenasol/presentations
stay up to date with my future slideshare posts
[email protected]://www.linkedin.com/pub/eric-tachibana/0/33/b53
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