{"id":1117,"date":"2026-04-14T12:36:39","date_gmt":"2026-04-14T15:36:39","guid":{"rendered":"https:\/\/montreal.ventures\/?post_type=glospa-glossary&#038;p=1117"},"modified":"2026-04-14T12:36:39","modified_gmt":"2026-04-14T15:36:39","slug":"exit","status":"publish","type":"glospa-glossary","link":"https:\/\/montreal.ventures\/en\/glossary\/exit\/","title":{"rendered":"Exit"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">An exit, or exit event, is the liquidity event planned by founders and venture capital investors to sell their equity stake in a startup, realizing profit on the invested capital. There are two main paths to an exit: Strategic Acquisition (M&amp;A), where a larger company buys the startup to absorb its technology or customer base; and an IPO (Initial Public Offering), when the company goes public on a stock exchange, allowing shares to be traded publicly. The exit is the moment when the company's theoretical value (valuation) is converted into available capital. For investment funds, the success of an investment thesis is measured by the return multiple achieved at the time of exit in relation to the initial capital invested.<\/span><\/p>\n<p><b>Practical Example:<\/b><span style=\"font-weight: 400;\"> Ap\u00f3s sete anos de opera\u00e7\u00e3o, uma startup de intelig\u00eancia artificial recebe uma proposta de compra de uma grande corpora\u00e7\u00e3o de tecnologia por US$ 500 milh\u00f5es. Os fundadores, que ainda det\u00eam 40% da empresa, e o fundo de Venture Capital, que det\u00e9m 20%, decidem aceitar a oferta. Este evento de venda total da empresa \u00e9 o Exit, permitindo que os s\u00f3cios recebam seus respectivos valores em dinheiro e encerrem sua participa\u00e7\u00e3o direta na opera\u00e7\u00e3o daquela entidade.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Read the book <\/span><i><span style=\"font-weight: 400;\">Built to Sell: Creating a Business That Can Thrive Without You<\/span><\/i><span style=\"font-weight: 400;\">, by John Warrillow<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>O Exit, ou Sa\u00edda, \u00e9 o evento de liquidez planejado por fundadores e investidores de Venture Capital para vender sua participa\u00e7\u00e3o acion\u00e1ria [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1118,"template":"","glospa-glossary-category":[],"class_list":["post-1117","glospa-glossary","type-glospa-glossary","status-publish","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/montreal.ventures\/en\/wp-json\/wp\/v2\/glospa-glossary\/1117","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/montreal.ventures\/en\/wp-json\/wp\/v2\/glospa-glossary"}],"about":[{"href":"https:\/\/montreal.ventures\/en\/wp-json\/wp\/v2\/types\/glospa-glossary"}],"author":[{"embeddable":true,"href":"https:\/\/montreal.ventures\/en\/wp-json\/wp\/v2\/users\/3"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/montreal.ventures\/en\/wp-json\/wp\/v2\/media\/1118"}],"wp:attachment":[{"href":"https:\/\/montreal.ventures\/en\/wp-json\/wp\/v2\/media?parent=1117"}],"wp:term":[{"taxonomy":"glospa-glossary-category","embeddable":true,"href":"https:\/\/montreal.ventures\/en\/wp-json\/wp\/v2\/glospa-glossary-category?post=1117"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}