Description
Book SynopsisAn exit strategy, if implemented early, is the surprising secret to ultimate startup success. Find out whyâand how to develop oneâin this comprehensive, practical guide from veteran Silicon Valley dealmaker Touraj Parang.
In 2008, Touraj Parang's award-winning startup, Jaxtr, had 10 million users, raised nearly $20 million from top-tier Silicon Valley investors, and seemed poised to sail straight through the Great Recession. But, by January of 2009, Jaxtrâs only hope for survival was to find a buyerâsadly, it was too late for that.
In Exit Path, Touraj draws on the lessons learned from that chaotic experience and the extraordinary successes that followed once he (and the entrepreneurs he advises) made creating and executing an exit strategy a top priority. For too long entrepreneurs have been failing to establish the requisite relationships and properly prepare for the most important milestone in their life cycle: a sale to an acquirer. But in todayâs
