The early signs of a startup’s first-stage exits are usually pretty obvious: They have a lot of money raised and a few key employees are left on the street.
But if you know the company, you can see if there’s a pattern to the exits.
The latest evidence comes from research firm MLG, which tracks the tech world’s exits over the last decade.
The firm analyzed the exits of 1,500 companies in a series of four-part reports.
(To learn more about the research, read the first article in the series, The Tech Crash Course.)
The most common type of exit is one that has to do with an acquisition.
The company needs to get the acquisition approval of its investors and is also looking for a way to make money quickly.
In the most recent report, about two-thirds of the startups that exited in the first two years of the industry went through this scenario.
That means that about half of all the exits in the industry are related to acquisitions.
The next most common exit is to an exit that’s a complete loss.
That’s the only type of departure that has not been recorded as a first- or second-quarter loss.
Some of the other types of exits that were seen are: a lack of a strong strategic plan, the exit being too late in the process, or a lack for a large enough team to sustain the company.
The second most common kind of exit that was identified was a complete financial meltdown, which is when a company goes out of business and has no money to pay its employees.
For these exits, the number of employees that went with the company decreased dramatically.
“We see a lot more exit activity going on in the early stages of a company’s life,” said Ryan Barger, who oversees the company’s MLG research.
The research shows that about 40 percent of all startup exits in 2015 were caused by acquisitions.
“I wouldn’t say we see them all as a bad thing,” Barger said.
“But the vast majority of them, if not all, are bad,” he said.
The reason for the big jump in startup exits is likely that there’s more money to be made, Barger added.
“When a startup starts out, there’s less money to raise and the founders aren’t going to have a good time until they raise the money and start building a good business,” Bager said.
There are some clues that can help you figure out whether a startup is in trouble.
The biggest trend in the startup exits over time was that a lot started to get bought out.
The majority of companies that went through an acquisition during the last two years were bought by larger companies, said Barger.
And this trend has continued in the current year, he said, with more companies getting bought out than going through an early stage of a business.
There were also some notable changes in the way exits were reported in the last year.
In 2015, the company usually got its exit news via an internal report.
The news typically broke at the end of the year.
But in 2015, that was changed.
That was to make it easier to see whether there was an acquisition and make it more likely to be reported.
“That was a big change for us, to get an internal source,” Boggers said.
In 2016, most of the exits were not reported at all.
That includes most of those that happened in the previous year, like the $8 million exit of Apple, which had no exit.
The most notable difference in 2016 was that the average length of the exit report was almost six months longer than in 2015.
It was about a month longer for the $3.3 million exit in 2016.
But that was mostly because more companies went through the early stage process of a acquisition, and the news that they were buying them out was less common.
The more money that a company raises, the more likely it is to make an acquisition, Bogger said.
Another important finding was that many exits were triggered by people leaving.
The data shows that only around a third of the companies that got their exits during the two-year period reported an exit with a team that was no longer there.
In contrast, more than 80 percent of those companies reported an early exit.
“These are early exits that have been triggered by a change in management,” Bergs said.
For example, the largest number of early exits were for companies that had a major exit due to a major acquisition, such as Google.
And there was another trend that was pretty clear in the data: The more exits that went public, the less likely it was that companies were buying out early in the company cycle.
“This is the most consistent finding in our data,” Bmgers said, explaining that companies that were buying employees, often had to spend a lot to attract the best people.
“They needed to be able to afford to do that,