There are more than 500 new hi-tech SaaS businesses founded weekly in america. It is becoming more seductive to launch your own SaaS, with the thought of a big exit paycheck being written 3 to 4 years later, then purchasing the Powerball $500 million ticket. The sexiness of the "big exit" increases with the news headlines of another big windfall. Last weeks block buster $1 billion acquisition of Dollar Shave Club by Unilever is merely another example.
Susan Faykus, from Integrated Financial in Austin, Texas, says: “Generally, when we help companies exit their existing company, we commonly find they have waited too late to activate legal, business broker and financial strategist professionals that may help them mitigate the heavy tax burden that might have been restructured for philanthropy or their legacy.”