This Is How You Exit.
AMOS loves a good exit done right. And, this month, the venture capital industry saw an exit done right.
On November 20, 2019, PayPal announced it would acquire Honey for $4B. Since launching in 2012, Honey had raised $49M in venture capital.
That is an astonishing 81.6x return on invested capital.
Media outlets have documented that Honey has “flown under the radar” since its inception in 2012, but AMOS spotted a winner in Honey. The below chart shows how likely Honey was to exit after each round of funding according to the AMOS Venture Investment Intelligence platform.
Honey showed tremendous investment favorability and overall exit likelihood according to AMOS, yet it largely flew under the radar in the VC space.
So what are some of the factors that caused AMOS to love Honey?
Two reasons (of many) were:
Honey’s net income favorability
The space where Honey played — tech, commercial services, plug-in, etc.
Note that Honey’s exit likelihood at each phase of fundraising yielded above average exit probabilities versus comparable startups.
How will you make sure you don’t miss out on the next 82x investment like Honey? Contact the AMOS Founders today.