What Ever Happened To Michigan High Tech IPOs?
Summary
The technologies and strategies they offered varied but their business plans ended the same way: an acquisition by a large company within five to ten years.The annual Michigan Growth Capital Symposium is the state’s premiere investor event and a good way for a journalist to unscientifically measure the mood of entrepreneurs, angels, and venture capitalists.No, I’m talking about high tech startups, companies that make medical devices, software, drugs, solar panels.And every company faces a shareholder lawsuit when the stock goes down.” And with potential acquirers sitting on tons of cash, selling your startup makes perfect sense.After all, the state has seen some nice exits in recent years, including Accuri Cytometers, HandyLabs, HealthMedia, and Arbor Networks.
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