Exit Strategy
정의
An exit strategy is how shareholders eventually convert their equity into cash or liquid stock, primarily through acquisition or IPO, occasionally through secondary sales.
투자유치 시 활용 방법
Investors underwrite exits when they invest: a fund needs credible paths to outcomes large enough to return meaningful capital.
자주 묻는 질문
Do investors expect an exit slide in the deck?
Early-stage investors generally do not; naming acquirers at pre-seed reads as premature. They expect a market big enough that exits take care of themselves.
What is the most common startup exit?
Acquisition, by a wide margin; IPOs are reserved for the largest outcomes.