Published: 29 December 2022
Building a lucrative startup and then selling it successfully is the goal of many tech CEOs, but each must determine his or her own path to a successful exit. This research identifies five pillars that together form the basis of a strong exit strategy.
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Tech CEOs are often unaware of the consequences of improper planning and preparation before developing an “exit” strategy — in other words, a strategy for selling their company.
When tech CEOs consider their exit options, they often mistakenly believe they are in full control of options and decisions, whereas, in reality, their desires may conflict with shareholders’ priorities, market conditions and the state of the business.
Tech CEOs planning an exit strategy as part of their corporate development activities should:
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