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.
Discover comprehensive resources and guides related to vc-explainers. Our comprehensive guides cover VC analysis preparation, investment resources, and practical advice for investors and analysts.
Whether you're an investor preparing for market analysis, a portfolio manager helping with investment tracking, or an analyst looking for resources, you'll find valuable insights in the articles below.
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.
PE firms use EBITDA multiples, quality-of-earnings analysis, and operational diligence. Here are the 2026 benchmarks by industry and the actual framework firms use.
A practical, data-backed guide to NYC seed fundraising: what metrics matter, which investors move fast, what check sizes to expect, and how the NYC process differs from SF.
An LBO uses equity + significant debt to acquire a company. Here's the capital structure, return drivers, and why LBO math defines PE returns.
Liquidation preference is the single most important term on a VC term sheet. Here's how 1x non-participating, participating, and multi-preferences change exit payouts.
NYC's accelerator scene includes ERA (NYC's oldest), Techstars NYC, Columbia Startup Lab, NYU Leslie eLab, and Grand Central Tech. Here's what each offers.