NBER Study: 88% of VC-Backed Founders Exit With Nothing

An NBER working paper analyzing nearly 40 years of data on over 157,000 US startups found that 88% of VC-backed founders received nothing when their companies were acquired.

2026-10-26 ~ 2026-10-26 · 2 related posts

• NBER study of 157k startups: 88% of VC-backed founders get zero at exit — SumitGup · 2026-10-26
• Study of 157,669 startups: 88% of VC-backed founders who exited got $0 — JosephJacks_ · 2026-10-26