% of VC-funded tech startups that exit via appreciable >$0 acquisition is actually not particularly high relative to total failure/success, which makes sense if

% of VC-funded tech startups that exit via appreciable >$0 acquisition is actually not particularly high relative to total failure/success, which makes sense if you think about it. The odds would seem even lower in this case just for mentioning the word "federated," regardless of the tech.