We've got a unicorn situation: With no M&A activity and stagnant IPO market, exits have become rare

It seems that the grazing in the magical rainbow pastures of Unicorn Valley is a bit too good these days. So good in fact, that none of the private companies with $1 billion valuations seems to want to leave anytime soon. And why would they with ample amounts of cash being thrown at companies doing "private IPOs"? The rich (private equity, mutual funds, and VCs with extra-large funds) are […]

Source: PandoDaily