M&A Basics for Startups
Original Air Date: January 3, 2019
Every entrepreneur dreams of selling the company and cashing out. It is almost a trope that founders need to have their exit in mind from the earliest days of their startup. While many are on a mission to solve a problem and make better ways to live and work together, the business of business is business, i.e. making money for the owners. If you have investors, they expect a return on the money they put in your company. Sure, they have gambled on a highly risky asset class, but they do so anticipating gains on their money. Gillian and Anne outline the basics every founder needs to know: when and how to prepare for sale, whom you need to engage for support, and how to find a buyer and pitch your startup.