EXIT: SUCCESS AND FAILURE
November 24, 2015
After building the organization most founders are faced with the critical decision on how to exit. In some cases, the company has succeeded in realizing value for investors and for its founder and employees. In most cases, the company has failed to earn a return. Often the company is balancing on the knife’s edge between success and failure. Small decisions tilt the balance. What are the factors that determine if a company is likely to exit successfully? If it is on a path to failure, how can the founder ensure that it ‘fails well’? What is a good failure?