Startups and the Exit
Establishing a startup and getting rich through the financial 'exit' is a romantic story that remains persistently in the public eye. Again and again the media and also former founders report about the big success. The reality is often quite different, because the scaling of a start-up up to the exit means hard work and a lot of time – the price of liberty. The real entrepreneurial spirit, however, accepts this. Although many of them don't want to admit it, most of these thoroughbred entrepreneurs can hardly wait to leave their current start-up and build a new and better one with the next big idea. The exit is therefore the desired goal - with a profit, of course. In order to achieve this, the exit should be well thought out. Questions about how and when arise and must be clarified together with partners, employees and investors, so that everyone benefits in the end. The different exit strategies should therefore be weighed carefully. These are merger and acquisition, IPO, sale, non-sale and liquidation.