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Creating a strong exit strategy is necessary from "summary" of The Art of Startup Fundraising by Alejandro Cremades
When starting a business, it is essential to have a clear plan in mind for how you will eventually exit that venture. This is known as an exit strategy, and it is a crucial component of any startup fundraising campaign. Without a solid exit strategy in place, investors may be hesitant to put their money into your business, as they want to ensure they will see a return on their investment at some point in the future. Creating a strong exit strategy involves carefully considering your long-term goals for the business and how you plan to achieve them. This may include thinking about potential acquisition opportunities, the possibility of going public through an initial public offering (IPO), or even the option of selling the business outright. By having a well-thought-ou...
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