[BIV] Your tech company is hot, happening, high-growth – but is it exit-ready?
In tech, as in theatre, there are good exits and bad exits. In both cases, planning ahead will prevent disastrous fumbles on your way out.
In describing how to get exit-ready, Lisa Shields, CEO of the Vancouver business-process-management software firm Fi.Span, uses the analogy of selling a house. Maybe you aren’t ready to sell yet. Still, it’s good to have everything in order.
“You might leave the bathroom unpainted. The new owner can take care of that. But you know they will want a solid roof in place,” says Shields, a speaker at the TechExit conference being held April 10 at the Vancouver Convention Centre (East).