Exit Strategy: Most Startups Are Hoping For An Acquisition

Snap's recent filing is just one of a number of high profile IPOs from the tech industry in recent years. Facebook and Twitter both went down this route, with varying degrees of success. While it still remains to be seen how Snap fares out in the wild, a survey of 941 tech and healthcare startups by Silicon Valley Bank has revealed that the majority of executives don't have grand designs on an IPO but are instead hoping to attract a bigger player keen on acquisition.