On: Y Combinator for Mittelstands?

[thanedar]

These $10M-$1B revenue businesses are great buyout targets for corporate and private equity firms, and these companies are increasingly going public at the higher range. (About 1/3 of PE exits last year were via IPO).

I dig into the data here: https://neilthanedar.com/we-need-a-middle-class-for-startups...

Mittelstands are allowed to partially or fully exit.

PEs do invest in Mittelstands at $10M+ revenue. But there's not a great market yet for pre-Mittelstands, which is where I'm focusing here.

[MichaelZuo → thanedar]

If they exit they wouldn’t be Mittelstands anymore. They would just be regular mid sized companies that were sold off.