Chessboard with Warby Parker, Bonobos, and Glossier logos as pieces, representing startup exit strategies.

Forerunner Ventures’ Endgame: As Consumer IPOs Stall, Alternative Exits Take Center Stage

Forerunner Ventures’ portfolio—Warby Parker, Bonobos, Glossier—has avoided traditional IPOs. With the market frozen, what exit strategies remain for consumer startups? Forerunner Ventures’ Portfolio at a Crossroads: The New Rules of Startup Exits Thirteen years after pioneering the “digitally native vertical brand” revolution, Forerunner Ventures faces a sobering reality: None of its marquee investments—Warby Parker, Bonobos, Glossier—have achieved…

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Kalshi prediction market trading interface with political and sports outcomes

How Kalshi Helped Prediction Markets Go Mainstream

Prediction markets were once niche, fringe experiments limited to online betting platforms and academic circles. But in recent years, Kalshi has transformed the space, becoming the largest and most controversial prediction market in the United States. By offering traders the ability to buy and sell shares in real-world outcomes—from political elections to celebrity divorces—Kalshi has…

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