Entrepreneurs may not want to think of their companies as “products,” but the truth is, the vast majority of successful startups end in acquisitions. In 2017, mergers and acquisitions accounted for 93 percent of the 809 venture capital-backed exits, yielding a total of $45.6 billion in disclosed exit value, according to the National Venture Capitalists Association’s 2018 NVCA Yearbook.
A recent Silicon Valley Bank survey revealed that more than half of today’s health and tech startups are “hoping for an acquisition.” But hope isn’t enough to make it happen.
