The number of startups that reach a liquidity event is about 1%. a liquidity event is the company gets sold to a bigger company or an IPO. 99% of companies fa

The number of startups that reach a liquidity event is about 1%. a liquidity event is the company gets sold to a bigger company or an IPO. 99% of companies fail to be sold and fail to IPO. about another 9% of companies become zombies which means they don't die but they don't thrive. Options or RSUs are stranded and not saleable due to SEC rules. The other 90% fail. the numbers reaching liquidity events are higher in Silicon Valley maybe 5% of companies reach liquidity events but the Outlook is still poor for most start-up companies.