{"id":928,"date":"2019-08-01T11:48:00","date_gmt":"2019-08-01T11:48:00","guid":{"rendered":"https:\/\/innovationisrael.org.il\/en\/?p=928"},"modified":"2023-11-21T07:45:57","modified_gmt":"2023-11-21T07:45:57","slug":"global-trends-are-exit-possibilities-diminishing","status":"publish","type":"post","link":"https:\/\/innovationisrael.org.il\/en\/global-trends-are-exit-possibilities-diminishing\/","title":{"rendered":"Global Trends: Are ‘Exit’ Possibilities Diminishing?"},"content":{"rendered":"\n
Firstly, the “unicorn'” phenomenon (companies valued at more than USD 1 billion), that began to spread throughout the global innovation industry in 2014, sometimes hinders capital raising during advanced stages or ‘exits’ for start-up companies.<\/strong> During the phenomenon’s early stages, unicorns raised capital on a massive scale, at valuations of billions of dollars. Today, many investors who participated in these capital-raising transactions, are now waiting, sometimes in vain, to see whether these companies will succeed in increasing their value even more, thereby making an exit worthwhile. A current example, recently becoming public knowledge, is the collapse of the American Jawbone Corporation, that developed wearables technology and that at its peak had an estimated value of USD 3.3 billion. The company received an acquisition offer prior to its collapse, that it was however forced to reject as it reflected a value significantly lower than the previous capital recruitment \u2013 only USD 1.5 billion.<\/p>\n\n\n