His insight that you should secure alignment from the very beginning on your exit strategy among the founders and early investors is invaluable. Based on the book by basil peters, early exits is a perfect fit for the entrepreneurial environment early in the 21st century, which can be characterized as follows. In his book, early exits, basil peters points to many examples where selling earlier was far more lucrative to founders and investors than raising capital and waiting longer, hoping for a bigger payout. This was presented at the aca new england angel education series boston, ma december 6, 2010. Sep 03, 2015 his groundbreaking book, early exits has become a textbook for angel groups and entrepreneurs throughout the world. Exit strategies for entrepreneurs and angel investors but maybe not venture capitalist. Read early exits exit strategies for entrepreneurs and. Oct 26, 2016 basil peters was the first to challenge this idea with his 2009 book called early exits. The early exits workshop will soon be offered by the acef. Exit strategies for entrepreneurs and angel investors by basil peters. Basil peters was the first to challenge this idea with his 2009 book called.
He has been a technology company ceo in vancouver and silicon valley. Basil is a fellow of the angel resource institute where he donates. When basil peters was 40 years old, he received his first lesson in exits. Goodreads helps you keep track of books you want to read. Basil is leading the charge on demonstrating the values and benefits of early exits. An introduction to angel investing a guide to investing in early stage. Early exits the first book on exits for entrepreneurs and angel. Angels also often want to contribute more than money to a young company. Basils first book is also on exits early exits exit strategies for entrepreneurs and angel investors but maybe not venture capitalists. Exit strategies for entrepreneurs and angel investors but maybe not venture capitalists basil peters published by meteorbytes data management corp 2009 paperback, 2009. Exits have been a major theme in his blog on best practices for angel investors and entrepreneurs at basils first book is also on exits early exits exit strategies for entrepreneurs and angel investors but maybe not venture capitalists. The author defines early exits as the sale of a company typically.
You may not be perplexed to enjoy every book collections early exits exit. This book is about the large number of other exits. May 01, 2015 unfortunately there were a few problems with the execution of the book. Angels have the experience, and inclination, to be great mentors and valuable directors. Read early exits exit strategies for entrepreneurs and angel. Nov 15, 2010 angel investors and vcs all like to sell one of their portfolio companies. Peters has a compelling new strategy for entrepreneurs and angels. Early exits exit strategies for entrepreneurs and angel. Basil thinks exits are the best part of being an entrepreneur or investor. Early exits the first book on exits for entrepreneurs. Peters is the ceo of strategic exits corp, a firm specializing in optimum exits for technology companies. Improve your odds of lucrative returns using only angel money and focusing intensely from the outset on seeking early exits.
Basil peters, a famous angel investor wrote a book early exits exit strategies for entrepreneurs and angel investors and maybe not vcs. Oct 26, 2015 its noah rosenfarb from freedom business advisors here with another great guest, dr. Dec 19, 20 basil peters canadian company nexus was on a roll. Mar 26, 2014 thats the essence of the message from basil peters book early exits which i have discovered for myself recently. The early exits overview videos are a summary of the early exits workshop. Aug 15, 2010 the next big technology investment idea is the early exit. May 30, 2014 the early exit workshop will present a strategy for startup investors and entrepreneurs to build new ventures, prove business models and exit companies in two to three years without the need for multimilliondollar investments. The author does a terrific job describing the value of early exits to investment returns and improving the odds of a successful liquidity event. Jun 02, 2009 vancouverbased basil peters has written a book on this topic which i recently had the pleasure of reading. This founder wants to help you find the perfect exit strategy inc. What premoney valuation method to use for prerevenue.
The popularity of the early exits book surprised me. Inc magazine rated his first book early exits one of the ten best of the year for business owners. The traditional venture capital model may not be working. Exit strategies for entrepreneurs and angel by basil peters new at the best online prices at ebay. Exit strategies for entrepreneurs and angel investors but maybe not venture capitalists by basil peters. The early exits workshop from the angel capital association summit san francisco may 5, 2010 by basil peters. How to increase the probability of a successful exit. He also believes exits are the least well understood part of being a ceo, board member. Dec 22, 2010 while based on basil peters book, early exits, the workshop recognizes the important contributions made to this topic by jon fisher in strategic entrepreneurship, tom mckaskill in. Use features like bookmarks, note taking and highlighting while reading early exits. Exit strategies for entrepreneurs and angel investors by. Its going to be interesting to see if we can track the difference this makes. Basil speaks about exits to audiences of entrepreneurs and investors around the world.
Early exits exit strategies for entrepreneurs and angel investors. Relying on the demands, this book additionally features the determination of many individuals to make adjustments. Peters managed three top performing funds, a hedge fund, a venture capital fund and an angel fund. Free reading early exits exit strategies for entrepreneurs and angel investors but maybe not venture capitalists uploaded by catherine cookson, early exits exit strategies for entrepreneurs and angel investors but maybe not venture capitalists basil peters 9780981185514 books amazonca early exits exit strategies for entrepreneurs. After being an investor for a couple of decades he finally realized that successful investing requires two things. We will be featuring basil peters, author of the book early exits, as keynote speaker and well have a host of great companies presenting and. Coming from the vancouverbased well experienced entrepreneur, operator, ceo and investor, this is one of the best reads for hightech entrepreneurs and early stage ceos that i have come across in the last decade.
Be a part of the community and join us monday evening, october 12 for a 30th anniversary of angel investing with rvc and a celebration of many early exits to. Jun 27, 2016 i emphasize that early exits is not a personal portfolio preference, or even an entrepreneurial business strategy its a macro economic observation. Basil peters goal is to help entrepreneurs and angels have more profitable, and more frequent exits. The book also provides a useful guide to managing operational risks in the. Presented at the aca new england angel education series boston, ma. But maybe not venture capitalists basil peters, linda irvine on. Both sides must be fair in a term sheet negotiation. Exit strategies for entrepreneurs and angel investors but maybe not venture capitalists 9780981185514 by basil peters and a great selection of similar new, used and collectible books available now at great prices. Exit strategies for entrepreneurs and angel investors but maybe not venture capitalist basil peters. Hes a lecturer, a soughtafter business speaker and an author of an international top 10 business book called early exits. Exit strategies for entrepreneurs and angel investors but maybe not venture.
Exit strategies for entrepreneurs and angel investors. Basil peters, the ceo of strategic exits corp, bestselling author of early exits and successful entrepreneurhe was the. Exit strategies for entrepreneurs and angel investors but maybe not venture capitalists as want to read. Early exits angel resource institute series buchanan. Oct 09, 2015 we will be featuring basil peters, author of the book early exits, as keynote speaker and well have a host of great companies presenting and panels addressing early exit opportunities.
May 31, 2010 if youre an entrepreneur, working at a startup, or thinking about starting a company, you should read early exits. What premoney valuation method to use for prerevenue startup. To host an early exits workshop for your group, please contact chris major. Peters has been a successful ceo in vancouver and silicon valley. The best articulation of it comes from basil peters, a serial technology entrepreneur, cofounder of nexus engineering, former canada entrepreneur of the year, and managing partner at 3 venture capital funds fundamental technologies i and ii and the bc advantage funds. His groundbreaking book, early exits has become a textbook for angel groups and entrepreneurs throughout the world. He is the author of a wonderful new book called early exits, but beyond that he is the ceo of strategic exits corp and he has done a lot of amazing things. Early exits exit strategies for entrepreneurs and angel investors but maybe not venture capitalists was named one of the ten best business books of the year by inc magazine. See the complete profile on linkedin and discover basil. Exit strategies for entrepreneurs and angel investors but maybe not venture capitalists kindle edition by peters, basil, irvine, linda. I believe that to succeed today, entrepreneurs must not only aspire to early exits, but design that objective into their corporate. The exit execution workshop sell your company successfully. Dec 27, 2010 unfortunately there were a few problems with the execution of the book. New workshop based on basil peters book, early exits.
Attend an exit strategies workshop to learn more about exits from experts. Exit strategies for angel investors and entrepreneurs is included in your registration fee. Download it once and read it on your kindle device, pc, phones or tablets. Basil s first book is also on exits early exits exit strategies for entrepreneurs and angel investors but maybe not venture capitalists. The divestopedia exit strategy podcast on apple podcasts.
Early exits the first book on exits for entrepreneurs and. Basil peters writes a great book on early exits and how they can be positive for startup founders and early investors, typically angel investors. Angel forum society new exit execution full day workshop. This founder wants to help you find the perfect exit. Feb 23, 2015 see basil peters excellent book early exits. The way is by locating the web content and also how you recognize it. Hea l s of oundedav ent ur ec a pi t a lf i r m a ndahedgef unda ndha sbeenace o i nva nc ouv era ndsi l i c onva l l ey. May 15, 2014 basil peters is perhaps the best known name in the world of early stage company exits. Exits are the least understood part of investing and entrepreneurship. Bill payne, angel investor and winner of the 2009 hans severiens award early exits is a mustread book for serious entrepreneurs and individual investors.
This founder wants to help you find the perfect exit strategy. Best practices for angel investors and entrepreneurs by. Best practices for angel investors and entrepreneurs by basil. Only 25% of saleable companies successfully exit yes, 75% of the time, after entrepreneurs and investors build a saleable company, we blow it and fail to successfully exit.
The early exits workshop part 11a by basil peters youtube. Exit strategies for entrepreneurs and angel investors but maybe not venture capitalists if you have to raise outside money, try and structure your business model so that you can become cash flow positive or at least get to breakeven cash flow using just the capital from the first round. This book is about the large number of other exitsthe ones that are not driven by the vcs. His book early exits covers his considerable personal experience as a founder, vc and now angel investor. Based on basil peters book, early exits, this is a perfect fit for the entrepreneurial environment. Aug 22, 2014 for example, golden seeds offers a coach to exit course and the angel capital association offers sessions at its professional conferences. Peters has written a book on the subject, and when he isnt working with. Exit strategies for entrepreneurs and angel investors but maybe not venture capitalists every angel investor and entrepreneur should read early exits. Library and archives canada cataloguing in publication peters, basil, 1952 early exits. View basil peters profile on linkedin, the worlds largest professional community. Exit strategies for entrepreneurs and angel investors 1 likes. A workbook with all the presentations and a comprehensive section of related reading materials. See the complete profile on linkedin and discover basil s connections and jobs at similar companies. Planning and executing early exits by basil peters powerpoint.
Recently, at an exit strategies workshop in victoria, someone asked me to compare the pros and cons of an early exit versus a traditional venture capital financing. Part 11b of the early exits workshop angel investing in the 21st century at the angel capital association summit san francisco may 5, 2010 by basil. Lack of rigor peters s financial models are quite simple, and generally not backed up by broadly sourced data. Jan 01, 2009 basil peters is an angel investor with a passion for exit transactions. Exit strategies for entrepreneurs and angel investors but maybe not venture capitalists author. Exits are the least understood part of investingas often by the investors themselves as by the entrepreneurs. Exit strategies for entrepreneurs and angel investors but maybe not venture capitalists basil peters, linda irvine on. Hes definitely showing people with concrete examples that. Production and design by meteorbytes data management corp. The traditionalversus early exit model that makes the cover of the book and drives home the point about avoiding vc is purely hypothetical numbers, for example. Exit strategies for entrepreneurs and angel investors but maybe not venture capitalists.
1493 1034 246 846 1478 1421 912 694 783 1286 843 941 943 377 439 706 885 440 932 693 948 744 23 679 266 874 136 1424 208 388 453 259 722