A record number of VC-backed startups have acquired other VC-backed startups in 2021. 268 of these deals have happened already YTD, which suppresses the full year record of 203 deals set in 2016.
| less than a minute read
Startup-to-startup M&A hitting record highs
“Those acquisitions feed returns for the backers of those target companies, who then are able to distribute those funds and then easily fundraise again for their new funds, and then put more money into the startups,” said Michael Torosian, a partner at law firm Baker Botts' startup and VC practice.
