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“Startups looking for angel investors or venture capital (VC) absolutely need an exit strategy because investors require it. If you’d still like to be running the company in 10 years time, you’re probably going to want to ensure that exit plan comes in the form of a steady revenue stream that allows you to pay off investors, an IPO instead of a buy-out, or simply opt for a different strategy Given the rise of startup incubators and accelerators, the availability of funding for early-stage startups, and the fact that big companies everywhere are buying startups instead of focusing on in-house innovation, you may want to consider launching a startup instead of a traditional business. In order to grow rapidly you’re going to need to “think big” or, as angel investor Paul Graham says, “to make something you can sell to a big market.
The transition from the corporate world to entrepreneurship is jarring for anyone who takes the leap. The work, structure, and indicators of success are different in many ways