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Exit and liquidity aren't the same things — exit means the company has reached its final chapter, and ownership is changing, usually via an IPO or acquisition. Liquidity can turn ownership into cash, and doesn't require the company to be sold or go public.
Liquidity can become infrastructure for your business, changing behavior and creating a more sustainable system.
For years, venture capital ran on a simple story: Build the company. Raise capital. Grow fast. Go public. Return capital.
It worked because everyone agreed on the ending. The IPO was the dream outcome. Founders, investors and employees all aligned around the idea that value would convert to cash on a predictable timeline. That ***** umption no longer holds.
Exit and liquidity aren't the same things — exit means the company has reached its final chapter, and ownership is changing, usually via an IPO or acquisition. Liquidity can turn ownership into cash, and doesn't require the company to be sold or go public.
Liquidity can become infrastructure for your business, changing behavior and creating a more sustainable system.
For years, venture capital ran on a simple story: Build the company. Raise capital. Grow fast. Go public. Return capital.
It worked because everyone agreed on the ending. The IPO was the dream outcome. Founders, investors and employees all aligned around the idea that value would convert to cash on a predictable timeline. That ***** umption no longer holds.
21 hours ago
