Exitround Launches An Anonymous Marketplace Where Startups Can Get Acquired

AngelList has changed the investment landscape by creating an online space where entrepreneurs can connect with the investors. Now a site called Exitround may do the same at what, for many startups, is the other end of the process, offering a marketplace where small, seed-funded companies running low on cash can find potential acquirers. The idea of a marketplace built specifically for talent acquisitions may seem pretty faddish ? something that founder and CEO Jacob Mullins doesn't deny. When I asked if something like Exitround could only exist now, Mullins said, "to a certain extent, yes." Nonetheless, he argued it's a real need that he's seeing in the industry. Mullins is currently a senior associate at Shasta Ventures (he previously helped launch Microsoft's BizSpark program, and he and I worked together when he was the business manager at VentureBeat), and he said, "This is something that venture people do on a normal basis ? connect portfolio companies to potential acquirers."

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