t.a. mccann_startupday_exit strategy
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T.A. McCann – the exit…
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First class
Over the wings
When the plane crashes
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What is the motivation…align early
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What are you worth, when…
• Team
• Team + product
• Team + product + traction
• Team + product + traction + scale
• Team + product + traction + scale + revenue
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Distributionand customer
focus
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You only control your timeline…
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• 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
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http://gist.com/tamccann