A special report on the venture endgame
Albert Wenger, managing partner at venture capital firm Union Square Ventures, in a blog late last year – Innovating on exit models for (mission-oriented) startups – looked at “three common exit options for venture-backed and bootstrapped startups – trade sale (most common), IPO (increasingly rare) and sale to a private equity firm (growing)”.
Wenger called for innovation, both in the existing options and by “creating new ones that are a better fit for companies that have a vision…