What’s your exit strategy?

It would be wise for founders of startups to consider ahead of time how much funding to raise for the lifetime of their company and their exit strategy. — 123rf.com

Founders of startups must be clear on their exit strategy — the point at which it’s profitable to cash out. If they don’t intend to exit, then it’s best to bypass venture capitalists and look to bank loans.

IF you’re starting a high-growth startup that is scalable to a large enough market (and hence venture-fundable), then you should take exit strategies into consideration.