Definition
The startup world's polite euphemism for cashing out and abandoning ship, ideally with a massive payday that makes all those 80-hour weeks seem worthwhile. Can range from a glorious IPO or acquisition to quietly shutting down operations while pretending you 'pivoted to consulting.' It's the entrepreneurial equivalent of checking out of a hotel, except you're either leaving with millions or owing money to everyone you know.
Example Usage
The founders are exiting after the acquisition, which means they'll be on a beach somewhere while we integrate their broken code.
Source: Common startup/VC terminology
Related Terms
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See “exiting” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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