This significantly understates the numbers because it doesn't include secondary transactions, which are increasingly common for founders and early investors. T

This significantly understates the numbers because it doesn't include secondary transactions, which are increasingly common for founders and early investors. This was most interesting: the median acquisition price is now $71M (up 77%) with 5.3 years to liquidity. Takes lots of time but potentially incredibly lucrative The original release has better data: http://www.dowjones.com/pressroom/releases/2011/01032012-VCExits-0172.asp http://www.dowjones.com/pressroom/releases/2011/01032012-VCE...