article thumbnail

It’s Not the End: Why Creating an Exit Strategy Sets Your Business Up for Long-Term Success

Success

Make sure when you go to sell the company you don’t run out of money and negotiating power. And sadly, in 2008 Yahoo turned down an offer to be acquired by Microsoft for $44.6 billion and instead sold themselves to Verizon in 2016 for only $4.6 Ask for directions. Don’t run out of gas. Pace yourself. It’s a long ride.

Yahoo 254