The venture capital process ends with one of the following five exit mechanisms
Initial Public Offering (IPO) is when the portfolio company's shares are offered in a public sale on an established share market., which is not the case in VCs IPO.
Acquisition (or trade sale) the entire Portfolio of the Company is sold to another company.
Secondary sale is when the venture capital firm’s sell their part of the portfolio company’s shares only.
Buyback or MBO either the entrepreneur or the management of the firm buys back the VC's shares of the company.
A Reconstruction, Liquidation or Bankruptcy of the portfolio company.
Initial Public Offering (IPO) is when the portfolio company's shares are offered in a public sale on an established share market., which is not the case in VCs IPO.
Acquisition (or trade sale) the entire Portfolio of the Company is sold to another company.
Secondary sale is when the venture capital firm’s sell their part of the portfolio company’s shares only.
Buyback or MBO either the entrepreneur or the management of the firm buys back the VC's shares of the company.
A Reconstruction, Liquidation or Bankruptcy of the portfolio company.