U.S. Venture-Backed Startups See Exit Values Plunge to Lowest in Over Five Years with IPOs at 13-Year Low in 2023
Exit opportunities for U.S. venture capital-backed startups have sharply declined in 2023, with only 831 exits totaling $49 billion in the first half of the year compared to 883 exits worth $372.2 billion in 2021. The number of IPOs hit a 13-year low due to rising interest rates and recession fears, forcing startups to reconsider their exit strategies.
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