Median time from initial equity financing to IPO exit in the U.S. 2005-2023

Between 2005 and 2023, the average length of time between receiving an initial venture capital investment and the IPO of the respective company in the United States was more than five years. In 2023, VC-backed companies went public approximately 3.8 years after securing their first VC investment.

自2005年至2023年，美国各公司自获得首轮风险投资至实现首次公开募股的平均时间跨度超过五年。至2023年，经风险投资支持的创业公司自首次获得风险投资后约需3.8年方可上市。