1.
My
exit strategy for my venture is to see how the process works at UF. After
seeing how it performs here, I would then decide if I was going to keep going
with it or sell it to someone else who can pursue the vision. This would all
take place within the next ten years so it really depends on the success of the
project.
2.
I
selected this particular exit strategy because I think that seeing how the
first run goes is a good way to judge how I want to handle the future of the company.
I don’t
see this as become a powerful or long-lasting company so I definitely would not
keep it as a family business.
3.
I
think this exit strategy influenced other decisions as I never saw this as a
long term project. I always saw it as a way to change the libraries in the US
and that was it. I was only looking at that and not a way to put this into a
bigger picture.