How to Preserve Mission & Values Through Exit & Growth Strategies
There comes a point in time, when all Founders and CEOs must exit their business. One opportunity Small Giants may consider is searching for liquidity options that won’t jeopardize their company’s core purpose. The introduction of outside capital, whether a minority or majority liquidity, represents a vulnerable decision point that can have permanent effects on the mission, future, and legacy of a company. In this fishbowl discussion, Michael Whelchel, Co-Founder & Managing Partner of Big Path Capital, and Matt O’Hayer, Founder & CEO of Vital Farms, highlighted exit and liquidity options for Small Giants, with a special focus on how to preserve mission through your company’s most important financial transactions.
Attendees leanred about the following exit & liquidity options with a special focus on preserving purpose & values. The webinar addressed these questions:
Who is the best buyer (private equity, family office, holding company, ESOP)?
What are the pros and cons of each?
If I don’t want to sell majority control, what are my options?
What can I do now to get ready for a future transaction?