Should Everyone Be Allowed to Invest in Private Tech Companies?
Harvard Business Review
OCTOBER 15, 2018
The median age of technology firms, backed by venture capitalists, doing an IPO has reached eleven years and is increasing. For example, the initial investments of $25 million, made by Kleiner Perkins Caufield & Byers and Sequoia Capital in Google in 1999, increased by more than hundred folds by the time Google went public in 2004.
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