Sorry it is a soapbox day! Do we need to change the name of Unicorns or what do we need to do to focus on success vs. valuations? Create a Unicorn and you will make millions or billions! Well you have to have an exit such as an IPO or buyer. This is why you should always look for an exit. What will be the history of Jawbone and these companies in 10 years? It is great to build value, but you need a plan!
Jawbone’s previous valuation of $3 billion is long gone, and it’s now back down its 2011 valuation of $1.5 billion. However, who would buy the company? Does it have the numbers for an IPO? My view is Jawbone better acquire hot company or it will be the death of a Unicorn. Will it be scrubbed from Unicorn “Club” or what is its future? I think at all times it great to have an advisor or board member looking for an exit! Dollar Shave Club might not remembered 10 to 20 years in the history of deals. Will AOL be a case study in college? However, its investors will always remember!
Facebook, Microsoft, Google, Amazon, and others have slowed down in M&A. Dream of a Unicorn, but remember $20 million in your own bank is better than billion in paper money!
Do we need to change the name of Unicorns? What do we need to do to focus on success vs. valuations?
Let us talk strategy for few hours or two days! I can collect a team of experts in most industries for strategy meeting for growth and exit plans.