Remove 2004 Remove Customer Remove Employee Remove Exit Strategy
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Can You Trust Any vc's Under 40?

Steve Blank

In theory when you went public, everyone’s shares were now tradable on the stock exchange, but usually the underwriters required a six month “lockup” when company insiders (employees and investors) couldn’t sell. In this time, building a successful business meant building a company that had paying customers quarter after quarter.

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What do investors REALLY want?

Up and Running

That’s what you’re supposed to be doing and what your partners and employees are supposed to help with. In 2004, Alexis Ohanian and Steve Huffman launched Reddit. This is where the ‘exit strategy’ comes in. They’re the PR and the security. They’re the step ladder. An idea that will generate cash flow.

Insiders

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Knowing When It’s Time To Sell Your Startup

YoungUpstarts

For years, the most desirable exit strategy for startup companies was to go public through an initial public offering. They had a phenomenal obsession with customer service and offered free shipping and returns. Google reportedly turned down buyout offers from Microsoft shortly before the 2004 IPO. Highly profitable.

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Transcript And MP3 Of My $180,000 Website Flipping Presentation

Entrepreneurs-Journey.com by Yaro Starak

In 2004 I began blogging. I don’t actually have any employees. I have a few contractors to do the technical side of my work and a customer support person, but that’s it. I didn’t have that contractor doing customer support. I’ll talk about that later, because it has to do with one of the website deals I did.