Precursor VenturesA classic pre-seed and seed stage venture capital firm

Are acquihires the new norm in venture?

23 Jun 2025 · 0 min

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Precursor Ventures hosts a discussion (YouTube video) reflecting on a trend in their portfolio where several companies are being acquired for under $20 million. The speakers note these are modest outcomes for founders — small payouts after years of work — and frame such exits as reasonable endpoints for some startups rather than blockbuster wins.

Questions this video answers

June 23, 2025

Under $20 million

And what the article describes. I'm already seeing it in our portfolio. We have a handful of companies that are being acquired for under $20 million where we should give back most, if not all of our money. The founders will get some money. It's not a huge win, but they spent five years of their life on this and it's, it's not going to be OpenAI or SpaceX or anthropic or some huge win. And I think the history of venture is like, those businesses should get sold. People should go find a different use for their time and maybe try again later.