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1. VC portfolio exits.

2. Dilution, liquidation preferences and different stock class rights do indeed push it towards zero.

3. No I'm not. I'm merely indicating that valuations are bogus.

6. Implicit force is still force - just because you haven't mandated it doesn't mean it's not enforced via threat of firing and peer pressure dynamics.




Since there's a lot of assertion and not much data here, let's bring some in. After some quick research, this Quora article seemed to have some useful statistics: http://www.quora.com/What-is-the-truth-behind-9-out-of-10-st...

In short, 13% of VC-backed startups exit for over $10M, 5% exit for over $50M, and 2% exit for over $100M, which is what I'd call a meaningful exit for all parties involved.




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