4 ms·
Er no that's not often true. I guess it depends on what you mean by "better" and "small" exit but often an acquihire or low cash exit isn't better than if the c
by SandersAK 9y ago
Er no that's not often true. I guess it depends on what you mean by "better" and "small" exit but often an acquihire or low cash exit isn't better than if the company ipos. Consider liquidation preferences, ratchets etc.
- justonepost 9y agoGoogle smaller startup exits versus IPOs. Anyways, it sure worked out well for viaweb and PG.
- mhluongo 9y agoClearly if you get to choose, choose to IPO :). I think the idea here is that many founders would be better taking $5-20M acquisitions along the way than shooting for the moon- shooting for the moon is better for investors, as they have a portfolio and are looking for black swans to pay for it. But founders usually only have one startup at a time.