| Exit Strategy @Silicon Valley |
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| • | 20,000
enterprises |
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| • | 15,000
– 16,000 fail (75%-80% failure rate) |
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| • | 3,000
– 4,000 trade sales (15%-20%) |
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| • | 300
NASDAQ IPOs (<2% make it to IPO) |
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| • | IPO
strategies |
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| – | Immediately
– founders known in industry |
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| – | After
proven financial performance |
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