Note: Due to limited data set, included high-proﬁle tech companies that are expected to IPO in 2019 (Uber, Lyft, Airbnb, Slack)
VC $ Raised
Prior to IPO
But now the goalposts have moved and the best companies are staying private twice as
long. This is a massive opportunity for venture ﬁrms that have ownership and pro rata rights.
Companies Founded Since 2006