The most successful, visionary entrepreneurs dream not of millions of dollars, but of a world where their products change culture. But in technology startups, particularly venture-backed technology startups, the current investment climate does not always support that vision. Conventional wisdom suggests that there are only two ways to exit a company: either it grows such that it can hold an initial public offering, or it gets acquired by or merges with a strategic partner. For as long as it has been an industry, these have been the only two ways for a venture capital-backed company to succeed. There has to be a better way.
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To read the original article: Entrepreneurs Need a Better Way to Cash Out - Kanyi Maqubela - Harvard Business Review
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