Blachman: Raising $1B limits e-commerce exits exclusively to IPOs
Andrew Blachman · 885 Auction Marketplace will Sell $500m This Year, Takes 25% As Revenue · Dec 26, 2017 · at 11:56
Tophatter CEO Andrew Blachman explains why raising massive venture rounds eliminates acquisition exit opportunities for e-commerce companies.
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“The options available for you as a company in e-commerce is really just one, and that's to go public at some point. There aren't a lot of acquirers out there that can, they can you know, create, create success.”
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