TIME TO EXIT: ARE STARTUPS GETTING OLDER?

Summary from the TLDR Founders newsletter

Startups are taking longer to exit, with the median age at IPO now at 13.5 years due to increased private capital availability, market pressures, and a focus on profitability. This trend results in longer holding periods for investors, a shift towards later-stage investing, and more emphasis on secondary sales for liquidity. Investors may adapt by extending fund lifecycles, diversifying investment stages, and prioritizing sustainable growth.