“In the vast majority of exits where shareholders receive a good price for their company, there is an experienced business broker or M&A advisor.”
“In the most successful exits, the company should be delivering its peak performance for the months leading up to the final price negotiations and closing.”
“It's much easier to understand the pricing mechanisms for exit transactions if you look at it from the perspective of the professionals doing the business.”
“Running the company for the shareholders often reduces its long-term growth potential.”
“Every company needs an exit strategy and an exit plan. Ideally, the exit strategy should be agreed upon by the founders before the first dollar of investment goes into the company.”
“Well, Mr Ward. Given how much sex we have, I'd say you're the majority shareholder of power in this relationship.”