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Except that's not what is happening at all. VCs are holding onto companies much longer as, (a) the average time to reach IPO stage has gone from 4 to 11 years
by threeseed 5y ago
Except that's not what is happening at all.
VCs are holding onto companies much longer as, (a) the average time to reach IPO stage has gone from 4 to 11 years over the last two decades and (b) the amount of unspent money floating around is so high. There is definitely more to this story than just the VCs trying to exit.
- m_ke 5y agoIn this case it sounds like the business is failing and they want to write off their losses. My comment was a broader critique of the venture model, which leads to business churn that nobody other than the VCs need.