The Changing Venture Landscape
Both Sides of the Table
SEPTEMBER 10, 2021
In 2001 companies IPO’d very quickly if they were working, by 2011 IPOs had slowed down to the point that in 2013 Aileen Lee of Cowboy Ventures astutely called billion-dollar outcomes “unicorns.” And the truth is that several entrepreneurs prefer it this way. 1 billion fund and therefore a $20 million is still just 2–2.5%
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