Last year, 20% of all startups that had a successful exit — meaning they either went public or were acquired — were bought in a private equity-related deal.
Traditionally, the acquirers of venture-backed startups have been other, independent companies in the same industry, whether they are established players or other startups. ButLast year, about 20% of all startups that had a successful exit — meaning they were either acquired or went public — were purchased either directly by a private equity firm or by a company that was owned by one, according to PitchBook. That was up from just 5% in 2003.
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Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »