CryptoSlate

This Bitcoin-backed company is betting retiring founders will swap private stock for their life’s work

Roughly 2.9 million American businesses are owned by people 55 or older, supporting 32.1 million workers and generating $6.5 trillion in annual revenue, according to research from Project Equity and Harvard Business School. Only about 20% to 30% of businesses that go up for sale find a buyer at all, per the Exit Planning Institute. [ ]

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