What’s the best way to navigate exit options?

Fred Wilson (Co-Founder and Partner at Union Square Ventures)
When Things Don’t Work Out – AVC

So what happens when things don’t work out? There are generally two scenarios. The first is the “slog it out” scenario. This one is in many ways the most painful. It means that there is a business that can be built, but it won’t be one that makes the VCs much money and because it takes so much time and money to “slog it out”, it doesn’t make the entrepreneur much money either. The second scenario is “hit the wall”. In this scenario, the company r… (read more)