No Exits Liquidity Dries Up Even More For VC Backed Startups In Third Quarter
Mon May 21,2012
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    http://www.techcrunch.com/2008/10/02/no-exits-liquidity-dries-up-even-more-for-vc-backed-startups-in-third-quarter/
    October 3, 2008  

    The liquidity drought for venture-backed startups, which was already declared to be a crisis in the second quarter when not a single VC-backed IPO went out, continued in the third quarter. For the first three quarters of the year combined, IPOs brought in only $470 million and M&A activity totaled $11.3 billion, a steep decline from prior years (see chart). Don’t expect the situation to get better any time soon.

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