The acquisition of Club Penguin by Disney illustrates three great truths in a successful startup and exit. The law of fewer dollars. Companies that are highly capital efficient, have the best exits. The amount of capital you raise and the size/success of your exit are inversely related. And while technology gives us entrepreneurs the tools […]
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Term Sheet Away
Its always great to sign a term sheet as a mark of a new beginning. Typically we entrepreneurs have nurtured a set of ideas that we are very protective of. A strong term sheet begins the market validation process. I say “begins” because we all know what the failure rate of startups, even venture-backed startups, […]
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