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The 12-month window | TechCrunch

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In a recent episode of “No Priors” — the excellent podcast co-hosted by AI investors Sarah Guo and Elad Gil — Gil made a point about exit timing that’s undoubtedly familiar to founders who’ve spent time with him but seems particularly useful in this moment of go-go dealmaking.

For most companies, Gil said, there’s roughly a 12-month period where the business is at its peak value, “and then it crashes out.” The companies that capture generational returns are often the ones where someone spies that moment instead of assuming the good times will get even better. Lotus, AOL, and Mark Cuban’s Broadcast.com all sold at or near the top, and all are held up by Gil as outfits that foresaw what was coming and smartly pulled the ripcord.

To catch that window, Gil offered a practical suggestion: pre-schedule a board meeting once or twice a year specifically to discuss exits. If it’s a standing calendar item, it drains the emotion out of the equation.

This matters more now than it might have a few years ago. A lot of AI startups exist partly because the foundation models haven’t expanded into their category yet. But as many founders — like Deel CEO Alex Bouaziz –have jokingly begun to acknowledge, that won’t last forever.

As Gil put it: “As you see shift[s] in differentiation and defensibility and all the rest, it’s a good time to ask, ‘Hey, is this my moment? Are these next six months when I’m going to be the most valuable I’ll ever be?’”

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Peter Obi certificates: Abayomi Arabambi not our member – Labour Party

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The Labour Party, LP, has maintained that Abayomi Arabambi, who recently dragged the West African Examinations Council, WAEC, the National Youth Service Corps, NYSC, and the University of Nigeria, Nsukka, UNN, to court over Mr Peter Obi’s academic records, did not do so as a member of the party.

In a statement by LP’s National Publicity Secretary, Ken Eluma Asogwa, the party said it chose to remain silent when it first learned of the development on social media, believing that reacting would only feed the desires of some clout chasers.

It, however, noted that a reaction has become inevitable now that the story has found its way into some mainstream newspapers, with headlines describing Arabambi as an LP chieftain.

The party clarified that while it wishes to refrain from commenting on the substance or otherwise of the litigant’s case before the court, particularly as Peter Obi is no longer its member, it said the public should be informed that Arabambi is not a member of the Labour Party.

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The statement read, “On Wednesday, 18th March 2026, the National Executive Council, NEC, of the Labour Party suspended 25 of its members for various infractions bordering on anti-party activities. That suspension, which was made public and widely reported by several mainstream media organisations across the country, included the said Abayomi Arabambi and a few other former members.

“The suspension was subsequently ratified by the National Convention of the Party, the highest decision-making organ of the Labour Party, on 28th April 2026. Following the said ratification, the affected members ceased to be members of the Party. It is also worth mentioning that, since the above decision was taken by the Labour Party, no organ of the Party has sat to revisit or reverse the decision concerning the expelled members.

“It is therefore against this background that the Labour Party wishes to inform the general public, and particularly the media, that Abayomi Arabambi is not a member of the Labour Party and could not have instituted any action in court as a member of the Party, having long severed ties with the Labour Party.

“If Abayomi Arabambi has presented himself to the public as a chieftain or representative of the Labour Party, the general public is hereby notified that such representation is entirely unauthorised and, prima facie, amounts to impersonation.

“The matter is currently being reviewed by the Party’s lawyers for the purpose of determining the appropriate legal and other steps that may be taken, including a possible petition to the relevant law enforcement authorities.

“Finally, the public is hereby notified that this press release is issued solely to clarify the alleged relationship between the litigant and the Labour Party and has no bearing whatsoever on the validity or otherwise of his claims against Mr Peter Obi before the court.

“The Labour Party nonetheless hopes that this statement has put the matter in its proper perspective and, most importantly, clarified the status of Abayomi Arabambi vis-à-vis the Labour Party.”

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Desmond Elliot kneels before Gbajabiamila, apologises over APC primary fallout

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Lagos State House of Assembly member, Desmond Elliot, has apologised to the Chief of Staff to President Bola Tinubu, Femi Gbajabiamila, over his conduct during the last All Progressives Congress (APC) primary election in Lagos.

Elliot was seen in a video circulating on social media kneeling before Gbajabiamila and asking for forgiveness, while also appealing to be accepted back into the APC fold in Lagos.

“I’m sorry, I have no excuse. I have nothing other than to say I’m deeply sorry, and I am hoping to be cultured in the future,” Elliot said.

His apology followed a disagreement with the party leadership over the APC primary conducted in May to select its candidate for the Surulere Constituency I seat.

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Elliot had withdrawn from the primary, alleging that his supporters were subjected to intimidation and political pressure during the exercise.

He later rejected the outcome of the election and vowed to challenge the process through the party’s appeal mechanism.

The former actor ultimately lost the APC ticket to Barakat Odunuga-Bakare, who was widely believed to have the backing of Gbajabiamila.

Odunuga-Bakare secured 11,385 votes in the primary, defeating Elliot, who polled 270 votes.

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