Most entrepreneurs wait too long to start thinking about their exit.
They usually sell their companies for much less than they could have. The valuation curve, and return to shareholders, usually ends up looking something like this.
That’s exactly what I did in my first company. (It was the first time I lost several million dollars, and the first of many similarly expensive - and valuable - lessons about exits.)
Most of the technology companies I’ve known well exited too late. Yes, most. "Riding it over the top" is by far the most common exit scenario.
The fundamental cause is simply our fundamental human natures.
To read the full, original article click on this link: Timing Your Exit - Don't Ride It Over the Top
