Last Exit

The Obvious Corp – Evan and Biz take back Odeo

Das Exit-Modell

Every venture funded tech company is predicated on the idea of ‘exit’, the point where the company is sold to a bigger one or has an IPO, so that the investors see a return and move on.
This time round, in the 2.0 boom, there are almost no IPOs, and the exceptions, like Vonage, have been a disaster.
That leaves the second option, selling the company to a bigger one. Unlike during the dotcom boom, the big galaxies, Google, Yahoo, Ebay etc. are properly formed, and surely ready to suck in more stars.
… In addition, these are all-or-nothing plays. In a parallel universe, all three companies could have folded, leaving them in the same position as their numerous competitors. Their success was not planned and was very high risk. They are species that survived in a particular evolutionary niche that opened up, they were not ‘intelligently designed’.

Das tragfähige Modell

The alternative is to question the whole notion of exit and to build a real company.

(via)

((abt. hackr startup school VI))