Acquisition Business Model Initial Public Offering Social Network 
Steve Blank
MARCH 18, 2011
VC’s worked with entrepreneurs to build profitable and scalable businesses, with increasing revenue and consistent profitability – quarter after quarter. The reward for doing so was a liquidity event via an Initial Public Offering. Startup exits in the next three years will include IPO’s as well as acquisitions.
YoungUpstarts
NOVEMBER 13, 2012
For years, the most desirable exit strategy for startup companies was to go public through an initial public offering. eBay was ultimately unable to generate sufficient profits and synergies from the acquisition. They devalued the company and sold 70% of the business to private investors in 2009.
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