To arrive at that conclusion, we looked at the major investors in 128 tech companies prior to going public. We found that only 23 had a strategic investor. The remaining 105 companies had only traditional VC or financial institutions as investors, but no strategics. In other words, having a strategic investor was not critical to making it to IPO for 82% of the companies we looked at. The data is below.
sammy@blossomstreetventures.com
Enjoyed this post?
Share it using the links below.