No Exit Strategy for Your Life's Work

Title: No Exit Strategy for Your Life’s Work
Date: 2011-10-12
Speaker: Phil Libin (Evernote)
Link: Entrepreneurial Thought Leaders
 
Everything ends.
Actively cultivate friends, relationships, and work environments where everybody is smarter than you.
If you’re building something you love why would you want to exit?
Actively cultivate friends, relationships, and work environments where everybody is smarter than you.If you want to sell your company then something is wrong.
If you want to be an entrepreneur ask yourself why.
The number one bad reason for wanting to be an entrepreneur is because you want to make money.
When you’re the CEO of a startup company everybody is your boss.
Now is the best time in the history of the universe to start a company.
We’re living in a geek meritocracy.
Sophisticated investors have totally decoupled exit from liquidity.
The secondary markets provide all of the liquidity you would need.
Most people conflate difficult decisions with unpleasant decisions.
The only way you can win, to increase your chances of succeeding, is to make a great product.