Building an Exit Path

Touraj Parang, President & COO of Serve Robotics (NASDAQ: SERV)

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Selling a business is a difficult task that requires a lot of planning and preparation. However, most entrepreneurs refuse to entertain the idea of a sale until it is too late. The best time to plan an exit is when times are good, not in a desperate situation. The longer the prep time, the higher chances of success. 

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In this episode of the M&A Science Podcast, Touraj Parang, President & COO of Serve Robotics, discusses how to build an exit strategy. 

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Things you will learn in this episode:

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• Why startups need to build exit strategy 
• Exit strategy canvas 
• Steps on how to build an exit strategy 
• What the deal team should look like 
• Going after companies raising money