Julian Waters , communico: I don't have an exit plan. Love the idea of building a company that endures, but also expect this might change over time. Do I need an exit plan before talking to angels or VC's?

People have widely different views on this topic. Mine is … investors will debate the following when you leave their office – did we love the team? – did we love the product?

If yes, – how big can the market be? – who would buy this thing? or can it be big enough to IPO one day?

They can say otherwise but nearly every investor discusses. My view – don’t leave it up to their pure imagination. Plant positive ideas in their brains.

Good luck!

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