A variety of pitch decks I evaluation have a slide that actually shouldn’t be there: the exit technique slide. Your slide deck ought to solely have an exit technique slide if you happen to’re operating a really late-stage firm that’s about to IPO, and even then, you in all probability wouldn’t have it as a slide on a funding deck however as a complete, separate IPO plan. As an early-stage startup, it’s downright nonsensical, and it shouldn’t be a part of your pitch deck in any respect.
To lots of founders, an exit — or a “liquidation occasion,” because the authorized buffs are inclined to seek advice from it — is the large pot of gold on the finish of a really lengthy and arduous journey. The identical goes for buyers; when there’s an acquisition or a public itemizing, that’s how everybody will get paid. Furthermore, a number of the outdated pitch deck templates which can be floating round on the web have an exit technique slide on them, so it is smart that persons are nonetheless making this error.
Nob6+ is having an Independence Day sale! Save 50% on an annual subscription right here. (Extra on Nob6+ right here if you happen to want it!)
Two issues are true: One is that the very best corporations are purchased, not offered. It’s unlikely that you already know upfront precisely who might be desirous about shopping for your organization. Second, your job as a founder is to construct the very best firm you probably can.
Making selections early on to assist form the corporate into one thing somebody may need to purchase merely doesn’t make sense; it makes you blind to a number of the different choices and alternatives that may current themselves.
Leave a Comment