Fri, 26 March 2021
Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.
Even in the early days of the startup, the CEO must keep in mind the exit.
The investors funded with the anticipation of a return.
While the vision of an exit may seem like a distant future, the decisions taken at the beginning often impact the exit at the end.
Selection of business model and monetization will be key factors for the exit valuation.
Recurring revenue and platform-based businesses will bring a much higher return.
Targeting a larger market will also bring a greater return.
Consulting services are difficult to scale and are often set up with partner firms.
As you start making choices, consider the exit as well as the initial starting point. Realize the importance of those decisions.
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