The QT

Wednesday 18 December 2024
18/12/2024

Finding an exit to enter tech’s world stage

Jamie Hardesty argues a high profit and profile exit for one of Newcastle’s technology startups is key to the city becoming an elite European tech hub
  • An exit is when owners and investors of a startup company sell their ownership or stock in the company
  • Many successful founders consider exit strategy in the early stages of company activity. Some exits happen quickly while many take years of growth to achieve
  • High-profit exits not only serve founders and shareholders well but can have transformative effects on a company’s surrounding town or city

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