Startup Exit Strategies: IPO, M&A, Secondary, Buyout — Explained
Exits create the cash VCs return to LPs. Here are the five real exit paths, 2026 market conditions, and what each implies for founder and employee outcomes.
Venture Capital News & Analysis
Funding news, venture capital analysis, investor profiles, and market intelligence.
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ESOP: How Employee Stock Option Plans Actually Work at Startups
An ESOP is the pool of options set aside for employees. Here's how vesting, cliff, exercise, 409A, ISO vs NSO, and exit economics really work.
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Burn Rate, Runway, Default Alive: How Startups Should Track Cash
Burn rate and runway are the two most important numbers in any startup. Here's how to calculate them cleanly — and why 'default alive' matters in 2026.
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The Top-Tier VC Firms of 2026: Who They Are, What They Back
Sequoia, Benchmark, Andreessen Horowitz, Accel, Greylock, Founders Fund, Kleiner Perkins, and Index — the 2026 top-tier VC landscape and what each firm owns.
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Anti-Dilution Protection: Weighted Average vs Full Ratchet, Explained
Anti-dilution protection adjusts an investor's conversion price if the company raises at a lower valuation. Here's the math behind broad-based, narrow-based, and full ratchet.
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Accelerator vs Incubator vs Venture Studio: Clear Differences and 2026 Top Programs
Accelerators, incubators, and venture studios each offer different capital, mentorship, and equity trade-offs. Here's how to choose among YC, Techstars, 500 Global, and the alternatives.