VC-backed startups have not yet started to turn to the M&A market as a way to exit even as fundraising has become more difficult and the IPO pipeline has dried up.
The pullback in the venture capital market and general economic uncertainty would seemingly create an environment where cash-strapped startups look for a safe landing spot in the form of a sale. However, according to Crunchbase data, M&A activity involving VC-backed startups has fallen since last year. READ MORE