Strategic Acquirer

How Startup Exits Work: IPO, M&A, and Secondary Sales Explained

90% of exits are M&A, not IPOs. Here's how each exit type works, who gets paid what, and how liquidation preferences change the math at different exit prices.

Exit Strategy for Small Business: 5 Options and How to Choose

The five exit strategies for small business owners — strategic sale, PE buyout, MBO, family succession, and wind down — with honest guidance on how to pick the right path.

Term Sheet vs LOI: Key Differences and When to Use Each

Term sheets and LOIs look similar but serve different purposes. Learn the key differences, what's actually binding in each, and when founders should expect to use them.

Startup Exit Strategy: The 5 Most Common Paths and How to Plan for Them

From acquisitions to IPOs, here are the 5 most common startup exit strategies — and how to plan for each one from day one.

Startup M&A: What the Acquisition Process Actually Looks Like

Most founders don't learn how startup acquisitions work until they're already in one. Here's a clear, phase-by-phase breakdown of the M&A process — from first contact to closing.

Down Rounds: How to Navigate Them Without Destroying Your Company

Down rounds are painful but survivable. Learn how to negotiate terms, protect your equity, manage dilution, and keep your team intact when raising at a lower valuation.