Thursday, March 7, 2013

Exitround Launches An Anonymous Marketplace Where Startups Can Get Acquired

exitroundAngelList has changed the investment landscape by creating an online space where entrepreneurs can connect with the investors. Now site called Exitround may do the same at what, for many startups, may be the other end of the process, offering a marketplace where startups, especially small seed-funded companies that are running low on cash, can connect with find potential acquirers. The idea of a marketplace built specifically for talent acquisitions may seem pretty faddish ? something that founder and CEO Jacob Mullins doesn't back away from. When I asked if something like Exitround could only exist now, Mullins said, "to a certain extent, yes." At the same time, he said it's a real need that he's seeing in the industry. Mullins is currently a senior associate at Shasta Ventures (he previously helped launch Microsoft's BizSpark program, and was also business manager at VentureBeat, where he and I worked together).

Source: http://feedproxy.google.com/~r/Techcrunch/~3/sJ1OgNYPkUY/

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