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Private equity could be the last resort for startups struggling to exit


Startups are in a difficult spot. But the good news is that some untraveled and overgrown exit paths have a chance of opening up this year.

Alternative sources of liquidity are therefore top of mind — there’s a towering pile of private companies in need of an exit, or a bailout. Recent research from Cowboy Ventures’ Aileen Lee underscores how quickly illiquid wealth was accumulated in the private markets in the last decade, and how rare exits have become for unicorns and other richly valued startups. But the good news is that some untraveled and overgrown exit paths have a chance of opening up this year.

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