What is an exit and why is planning it essential for startups?

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An exit is the process by which the founders and shareholders of a startup sell their stake in the company, either through an acquisition or an initial public offering (IPO).

Exit planning is critical because it provides clear direction for the company and ensures that shareholders' interests are always in mind.

Without an exit plan , startups risk getting lost along the way and failing to meet their investors' expectations.

This is a topic we discussed extensively in the SquadS chat with Angel Fernandez Pascual

Exits: 3 tips to maximize the chances of a successful exit from your company

Entrepreneurs are at a disadvantage when it comes to making an exit.

On the other side we will have specialist and highly experienced lawyers. korean boys phone number whatsapp This happened to me with eBay when I was alone with 6 lawyers on the other side: 3 in Silicon Valley, 1 in New York and 2 in Argentina.

If we want to go to the exit, we have to be very well prepared.

At a SquadS ventures event, we had a panel of “SUCCESSFUL Women”, Eugenia Di Marco from Sisu Powerhouse shared three key steps to be prepared when the time comes for an exit:

Education: Know the exit strategies and methods before acting.

Build relationships: Stay on the radar of potential buyers and understand their movements.

Keep your house in order: From the financial to the legal aspects, including intellectual property and data protection.