At present there are three common exit options for venture backed and bootstrapped startups: trade sale (most common), IPO (increasingly rare) and sale to a PE firm (growing). We need innovation here both in the existing options and by creating new ones that are a better fit for companies that have a vision/mission that is important to them above and beyond financial return. Such vision/mission doesn’t necessarily need to be of the obvious social good variety, but could also include “settling...
