Startups once went public about 6-7 years from founding, now 10-12 years.
2/3rds of all VC went to rounds $100M or larger
Good for private investors: institutions, fam office
Bad for normal people who wanted to participate in tech financial gains http://www.startuplessonslearned.com/2019/05/a-conversation-with-scott-kupor-of.html …
Founders presumably wouldn't like it, and the days when VCs had the upper hand over founders about this sort of thing are long gone.
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The early stage companies all hope to be late stage private one day.
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