The EXIT…that elusive pot of gold at the end of the entrepreneurial rainbow. Whether by acquisition or IPO, the exit ranks as priority number one for investors and, with the increasing trendiness of running a “startup”, many aspiring entrepreneurs. The phenomenal success and celebritization of Silicon Valley tech entrepreneurs like Zuckerberg, Dorsey, Page, Brin, and others has created a wave of would-be startup billionaires dreaming of Gulfstreams and Maybachs. The allure of fame and fortune has attracted many to the world of entrepreneurship, but for as attractive as the siren of fortune may be, its sole pursuit can sow the seeds of destruction for any new venture.
It is said that the love of money is the root of all evil. While this point is certainly debatable, current academic research is becoming increasingly clear that such a love, if not evil, is certainly isolating—a fate equivalent to death for ambitious entrepreneurs.