Let’s start this chapter with more than the usual caveats. Ignore this chapter completely if you don’t want to sell. Good for you. Whether to sell your company or not is a deeply personal decision. It is up to you and your partners. We’ve had an arc through this book of a certain type of company plan—one in which you create and grow a great company in order to sell it one day so that you may reap the reward of your years of effort. I don’t think there is anything immoral about this plan, but it is not for everyone. Your company will change after a sale. Selling your company does not come without a cost.
KeywordsInvestment Bank Purchase Price Personal Decision Legal Bill Great Company
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- 1.Brad Feld and Amy Batchelor, Startup Life: Surviving and Thriving in a Relationship with an Entrepreneur (Hoboken, NJ: Wiley. Kindle Edition, 2013), Kindle Location 2866.Google Scholar