Deven Parekh: Startups at $50M ARR growing 80% have a 75% IPO failure rate
Deven Parekh · Roundtable #4 with Jason Lemkin, Woody Marshall, Deven Parekh, Harry Stebbings | E1071 · 20VC with Harry Stebbings · Oct 11, 2023 · at 16:47
Deven Parekh, Managing Director at Insight Partners, explains why structured round terms create misalignment between founders and investors when IPO outcomes are statistically unlikely.
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“But the odds are that you're not going public. Like the 75% probability is you're not going public.”
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