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Stock impact report

5 Tips to Help Successfully Sell Your Startup [Forbes]

Tucows Inc. (TCX) 
NASDAQ:AMEX Investor Relations: tucows.com/investors
Company Research Source: Forbes
It was so bad, when I went through the drive-through at McDonald's afterward, the girl at the window said, “I think I saw you on the news last night.” Not the way you want to be recognized! I share the full, gruesome details in my book, Start. Scale. Exit. Repeat. but suffice it to say. while I lost 98% of my wealth in the company's downfall, I gained a wealth of knowledge about what not to do in an exit. The hard truth is you can spend 10 years starting and scaling a company…and then screw up the exit. With more successful exits since then, including the sales of Hostopia, TuCows, and .CLUB, here's what I've learned along the way about how to successfully sell your startup. 1. Choose Liquidity or Control A major factor in the Internet Direct disaster was that we agreed to an 18-month lockup during the purchase period. We couldn't touch the stock— and we gave up control of the company. Then, when the market crashed, and the purchaser decided to renege on the deal, our hands Show less Read more
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