I spotted this recently from CB Insights: 67% of Tech M&A Exits in 2013 Went to Early-Stage Startups
The headlines may obsess over the WhatsApps and Twitters of the world, but the reality is most venture-backed startup exits are smaller and far from being unicorns. According to CB Insights data, 2013 saw 67% of tech startups exit after either the seed or Series A stages.