In Inc. Magazine's March 2015 issue they publish a very telling info graphic summarizing the results of some of the nation's top business incubator / accelerators... most of which focus on the tech space. Look particularly at the light blue status bar showing what percent of participant companies "took exits IPO, sold, etc). It is tiny - ranging from just 2% (which, if you do the math for that accelerator, having funded 66 deals since 2009, works out to 1 company), to only 11% for the "best" result.
The graphic doesn't show what percent of investor dollar value - i.e. money invested - is still in play (the "closed" rate ranges from 8-31% of the businesses funded... those funds are gone forever); what percent has been returned (from the exits), and what the overall investor rate of return has been. Our bet: not so good.
Our takeaway: sure glad our model is not focused on "exit".
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