A key test for any entrepreneur is determining the time to sell a business. One must consider if it is at the right stage to be sold and if they are ready to let it go.
We knew who the likely acquirers were, and already had relationships with them, we thought long and hard about whether to hire a banker or to just run the process ourselves.
We’ve all heard the cliché: “Great companies are bought not sold.” Does this statement repeated by venture capitalists really hold true?
Manage your business from the start as if you are going to sell it. The pursuit of perfection is key.
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