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by rdl
5091 days ago
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There is no way a VC would invest if there weren't SOME exit in the future, or at least a convincing story (independent of veracity) told to make it seem that you're open to an exit. The exit could be M&A (although it would have to be $3-5b to be on-target, and in that range, you need to be able to IPO as a credible alternative when negotiating the M&A). |
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