Table 4 Overview on failures and exits by year
From: Signals in equity-based crowdfunding and risk of failure
Year (y) | # campaigns that start in y | # failures in y | # active startups at the end of y | # exits in y |
|---|---|---|---|---|
2012 | 6 | 0 | 6 | 0 |
2013 | 17 | 0 | 23 | 0 |
2014 | 10 | 4 | 29 | 0 |
2015 | 13 | 3 | 39 | 2 |
2016 | 18 | 2 | 55 | 4 |
2017 | 11 | 9 | 57 | 1 |
2018 | 13 | 11 | 59 | 2 |
2019 | 0 | 6 | 53 | 0 |
2020 | 0 | 3 | 50 | 0 |