Exit Strategies Quotes

Look, don't congratulate us when we buy a company, congratulate us when we sell it. Because any fool can overpay and buy a company, as long as money will last to buy it.

I have either run private equity funded companies or been a partner in a private equity fund since 1982. I've had a front row view of the vital role private equity continues to play in building and keeping American businesses competitive in the global economy.

International treaties have escape clauses. If you don’t like the way its going, you give the requisite notice, and you get out.

Who expects to be able to go out of a house except by the door? How is it then that no one follows this Way of ours?

Why do investors seem to care about 'billion dollar exits?' Historically, top venture funds have driven returns from their ownership in just a few companies in a given fund of many companies.

There's one thing I've learned about entrepreneurs' business plans. Every one is wrong.

We find ourselves in places in the world where our interests require, maybe, limited application of force, involved in strange missions, missions difficult to define and state criteria and exit strategies. So it's much more difficult now. It's not that clear.

VCs like acquisitions as much as IPOs because the acquiring companies often can rationalize paying large multiples over the current valuation of the startup.

Venture capital is always wanting to go up market.

The most important thing for us is investing and making companies great, and then they have all the options they want, whether that's to go public or stay private.

For me, one of the highlights of being in the private equity world is that you need to learn a lot and very quickly about different businesses. So it's always a continuing learning experience where you can apply what you know, of course, by way of judgment and by way of numerical analysis. You're always investing in new businesses, which is a learning experience in itself. I think that is a wonderful thing and I think it makes for intellectual challenge and for continued personal growth. That, for me, is the highlight of this job.

I've been a customer of the top venture capital firms, so I know exactly what they do and don't do.

Private equity helps produce strong companies, promotes innovation and spurs job growth.

There's ways and ways of dyin'. Some is took, and some takes French leave, and others is 'elped out of life.

“Exit Strategy” means trying to get out without looking too bad.

It turns out that one of the biggest drivers of investors are both successful and non-successful startup founders.

There are lots of ways to make money in venture capital, and there are even more ways to be mediocre. The industry has too much money and too many smart people chasing too few great entrepreneurs.

Going public is one step in the life cycle of a company; it's not the last step.

I am a partner at CrunchFund, a venture capital firm with investments in many startups around the world. I am also a limited partner in many other venture funds which have their own startup investments.

People used to think that private equity was basically just a compensation scheme, but it is much more about making companies more efficient.

I've probably done more venture capital deals and expansion financings than I have done private equity deals. But both are the same. Private equity companies have also built jobs.

It would be wonderful if we could avoid the setbacks with timely exits, but nobody has figured out how to predict them.