12. Me and Exits
• 2004: helped sell French mobile content company to Japanese for 18MEUR
• 2017-2018: 2 partial angel exits (8x, 75x)
13.
“I wish we knew what to do when an offer came in”
"We were surprised how early those opportunities can be,
and how much prep they require."
“I never thought of alternatives to VC”
“We want to be ready when opportunities come, and maximize them”
This
14. This is v1
1. Lean Startup
2. (Growth)
3. MBAs
4. Exits?
28. Our Crazy Plan
• Accelerators = Education + Capital
• Capital is abundant. Education is not.
• 2 stages: Prototype to Product (Shenzhen) + Product to Scale (SF)
• Next: “Exit Accelerator”?
29. First Steps
• Roundtables (Paris, London)
• Articles (“Why Founders Need to Prepare for Exits”, etc.)
• This month: Masterclass(es)
30. STARTUP EXIT MASTERCLASS 2018
An event by investors for investors and their startups
RSVP: www.hax.co/exit-masterclass
London
June 5
Paris
June 12
SF
June 19
NYC
June 22
31. STARTUP EXIT MASTERCLASS 2018
For Startups, Investors and M&A Executives
London — June 5, 2018 www.hax.co/exit-masterclass
Stride.vc
32.
33.
34. Today
• 7 sessions
• 50min (including Q&A)
• Ask questions! => Google docs
• 10min breaks
• 1h for lunch
• Networking from 6pm
38. M&A OTHER VIEWSIPO
MORNING AFTERNOON
IPO
Natasha Ligai
VP Strategy & Corporate Development
Logitech
Matt Cutler
Chair, Founders Forum & Design Thinking Transformation Lead, Cisco
Founder & CEO, Collaborate (acq. by Cisco in 2013)
BANKER
M&A
CEOs
BOARDSIPO
PROCESS
CORP
DEV
VC
IPO
CEO
THE BUYER’S VIEW
45. BANKER
M&A
CEOs
BOARDSIPO
PROCESS
CORP
DEV
VC
M&A OTHER VIEWSIPO
MORNING AFTERNOON
IPO
CEO
IPO
Adam J. Epstein
Founder, Third Creek Advisors
Previously Co-Founder, Enable Capital Management
(> 500 small cap financing)
Writer on Entrepreneurial Governance, Directorship Magazine
Writer for Amplify, Small Cap Website by Nasdaq
Mentor, Speaker, Nasdaq Entrepreneurial Center
Author, The Perfect Corporate Board, McGraw Hill (2012)
#1 corporate governance book on Amazon