How to Win the Startup End Game
A veteran Silicon Valley insider provides the first comprehensive guide to developing and executing a startup exit strategy--the secret to ultimate entrepreneurial success
You're facing tough odds as an entrepreneur today. Up to 65 percent of small businesses in the U.S. don't survive more than five years, and the majority of venture-backed startups fail to fully return the money invested in them. The time is now for a new approach to startups, and this first-of-its-kind guide provides it.
If you're ready to embrace the reality that acquisition is the end goal for startups, Exit Path is for you. In these pages, Silicon Valley entrepreneur, investor, advisor, and M&A expert Touraj Parang argues that starting at the end--i.e., creating and executing an exit strategy as you launch and build your business--is the surest path to ultimate success. You'll learn everything you need to know about the process, including:
- Making a strategic plan
- Developing relationships
- Cultivating champions
- Building capabilities
- Creating leverage
- Negotiating term sheets
- Closing the deal
Exit Path answers the most important questions you'll face in the life of your startup: How do you maximize your chance of survival in the startup world? When is the right time to start planning for an exit? How do you make that exit successful? And whose advice should you seek in such matters?
Parang both demystifies and de-stigmatizes the exit process, while providing invaluable lessons on making sure you do it right.
About this Author
Touraj Parang is the Chief Operating Officer at Serve Robotics, an innovative robotic delivery startup in Silicon Valley, and an Operating Partner at Pear VC, a top-tier early-stage venture capital firm. As Vice President of Corporate and Business Development at GoDaddy, he led M&A and strategic partnerships for several business units. Parang has founded and sold several startups and has participated in evaluation, negotiation, and execution of hundreds of M&A, strategic partnership, and venture financing transactions valued at more than $5 billion.
If the product is in stock at the store nearest you, we suggest you call ahead to have it set aside for you, or you may place an order online and choose in-store pickup.