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His thesis is that most businesses sell in the $10-30M range so it is best for angel investors to push for a sale at that point which can provide a great return for the angels and for the entrepreneurs rather than holding on, raising VC funds and trying for the big IPO or $100M+ sale.
In terms of exit strategy , our goal is an IPO but at the right price and the right partner, we won’t exclude the acquisition option. The user-interface and logo were crowdsourced and is XHTML 1.1 compliant and has been tested to ensure cross-browser compatibility. We are excited about this new release.
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