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	Comments on: A successful exit is a great measure of a good journey.	</title>
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	<link>https://berkonomics.com/?p=982&#038;utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=a-successful-exit-is-a-great-measure-of-a-good-journey</link>
	<description>Dave Berkus&#039; business insights</description>
	<lastBuildDate>Tue, 27 Sep 2011 23:31:34 +0000</lastBuildDate>
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		<title>
		By: Rick Munson		</title>
		<link>https://berkonomics.com/?p=982&#038;cpage=1#comment-2723</link>

		<dc:creator><![CDATA[Rick Munson]]></dc:creator>
		<pubDate>Tue, 27 Sep 2011 23:31:34 +0000</pubDate>
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					<description><![CDATA[Dave, I very much enjoyed your message.  Especially when you share; 

&quot;In fact, I don’t recall any formal post-sale meeting at all; even to digest the lessons learned from the entire experience, a missed opportunity for all&quot;.  

For me there are great lessons in life in both our successes and our &quot;perceived failures.&quot;  As Vince Lombardi once said...&quot;I never lost a game, I just ran out of time.&quot;  I also believe there are no failures or losses in life...the time spent generated many valuable lessons we learned.  As I shared in our MSI managers’ meeting today before reading your article, some of my most valuable insights here at MSI came from our employee exit interviews.  When people leave a company, or when the company is sold, life goes on...and we all share in the lessons learned in many ways.  A successful exit looks many different ways...and all journeys are successful in the lessons we learn from living life.]]></description>
			<content:encoded><![CDATA[<p>Dave, I very much enjoyed your message.  Especially when you share; </p>
<p>&#8220;In fact, I don’t recall any formal post-sale meeting at all; even to digest the lessons learned from the entire experience, a missed opportunity for all&#8221;.  </p>
<p>For me there are great lessons in life in both our successes and our &#8220;perceived failures.&#8221;  As Vince Lombardi once said&#8230;&#8221;I never lost a game, I just ran out of time.&#8221;  I also believe there are no failures or losses in life&#8230;the time spent generated many valuable lessons we learned.  As I shared in our MSI managers’ meeting today before reading your article, some of my most valuable insights here at MSI came from our employee exit interviews.  When people leave a company, or when the company is sold, life goes on&#8230;and we all share in the lessons learned in many ways.  A successful exit looks many different ways&#8230;and all journeys are successful in the lessons we learn from living life.</p>
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		<title>
		By: Michael O'Daniel		</title>
		<link>https://berkonomics.com/?p=982&#038;cpage=1#comment-2722</link>

		<dc:creator><![CDATA[Michael O'Daniel]]></dc:creator>
		<pubDate>Tue, 27 Sep 2011 21:44:51 +0000</pubDate>
		<guid isPermaLink="false">https://berkonomics.com/?p=982#comment-2722</guid>

					<description><![CDATA[I fully understand that the reason VCs generally invest in startups is in anticipation of a profit on the investment when the company is sold. And if that is the primary reason for starting up / investing in the venture, then of course a successful exit merits a celebration. But the other side of the coin is that the acquirer often does not maintain the quality, the values, and the people that made the startup successful in the first place. It would be good to see one or more posts on when it is better NOT to sell. What can an entrepreneur do if he wants to continue operating the company even though the investors are primarily interested in recouping their investment and making their exit at a certain point? What are the options for satisfying the interests of both parties, aside from taking the company public?]]></description>
			<content:encoded><![CDATA[<p>I fully understand that the reason VCs generally invest in startups is in anticipation of a profit on the investment when the company is sold. And if that is the primary reason for starting up / investing in the venture, then of course a successful exit merits a celebration. But the other side of the coin is that the acquirer often does not maintain the quality, the values, and the people that made the startup successful in the first place. It would be good to see one or more posts on when it is better NOT to sell. What can an entrepreneur do if he wants to continue operating the company even though the investors are primarily interested in recouping their investment and making their exit at a certain point? What are the options for satisfying the interests of both parties, aside from taking the company public?</p>
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