"Going public, being acquired, or merging with another company is a skewed measure of success. It’s easy to measure for a study, but it’s barely what really defines success for most entrepreneurs. How about sustainable profits, loving your work, and making a dent in your universe?" - Jason Fried - 37signals I've worked for a number of different agencies whose sole focus was going public or being acquired, otherwise known as the "exit strategy". This is not a strategy for running a business. If the number one goal of the leadership is to "sell out", you can pretty much bet they are not focused on the things you care about most. In the "exit strategy" environment, you will not work on the things you love. You will work on the things that help create the illusion of a successful company.