Why your later-stage startup should consider a VC-to-PE buyout

GUEST: If you have been in the tech industry for a while, you have experienced various forms of the three main types of late-stage capital raises or exits: late-stage rounds, IPOs, and strategic M&A.
Late-stage rounds. For the last several years, late-stage capital for private companies has been plentiful, relatively inexpensive and light on control provisions and investor protections.  While there have been occasions of sudden and sharp pullbacks, including February 2016 and April 2014