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Only 11% of Unicorn Exits Are IPOs Now (Down from 53%)

  • Most $1B+ Exits now aren't IPOs anymore, plummeting from 83% to 11%.
  • Stanford research reveals major shift in unicorn exit strategies from 2010 to 2024.
  • Factors like abundant private funding, compliance costs, and secondary markets reshaped exits.
  • B2B founders should consider alternatives as IPOs become less dominant in exits.

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