Which startups get acquired?
Seems to be a trend towards younger, smaller startups over the years.
Since 2019, 1,804 Carta cap table startups have been acquired. Each progressive year, the slice of acquisitions with 10 or fewer employees has grown.
So far in 2023, 38% of acquired startups have had 10 or fewer employees.
Some of this trend is just Carta knowing about a lot more small startups in recent years thanks to our Launch program, etc. But I do think there's a real trend in the underlying market as well.
Also interesting that acquisitions peaked last year and so far have not kept pace in recent months.
#cartadata #m&a #startups #acquisitions
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