Bootstrapping
fromPsychology Today
22 hours agoThe Hidden Grief of Selling Your Business
Selling a business is an emotional experience for founders, intertwining their identity with the business, making the transition feel like a significant loss.
"Here we go again, I thought", as I listened to the board member tell me how frustrated he was with the founder of one of their venture firm's most promising investments. Sadly, I knew the call was likely too late to prevent an inevitable cascade of emotional and financial consequences. Working as an executive coach in Silicon Valley with venture capital firms and the companies where they have placed their investments means being at the confluence of high-stakes financial and career risk.