Categories: Product Development
Exit Strategy is the method by which a venture capitalist or business owner intends to get out of an investment that he has made. In other words, the exit strategy is a way of “cashing out” an investment. Examples include an initial public offering (IPO) or being bought out by a larger player in the industry. (Source: InvestOpedia)
Definition of "Exit Strategy" by Chat GPT: An exit strategy is a plan that outlines how an individual or business will exit or divest from a particular investment, business venture, or financial arrangement. This strategy typically outlines the steps and timeline for selling off assets, closing operations, or otherwise exiting the investment in a way that maximizes financial returns or minimizes losses. Exit strategies are important for investors and business owners to consider when making investment decisions or starting a new venture.
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