Why French Venture Capitalist Frederic Court Doesn't Fear U.S. VCs
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Importance of Free Cash Flow and M&A for Startups
The chapter discusses the significance of startups focusing on free cash flow and considers M&A as a practical success strategy over relying solely on IPOs, emphasizing a more rational approach in the current landscape. It also introduces the book ExitPath, advising startups to foster strong relationships with potential acquirers early on, featuring a conversation with Frederick Court of Felix Capital discussing his portfolio companies and travel preferences.
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