SINGAPORE — Going public is expected to the be the main exit road for most start-ups in the near term as corporations are likely to put their merger and acquisition plans on hold due to the coronavirus pandemic, according to the CEO of Vertex Holdings.
Vertex is the venture capital arm of Singapore state investor Temasek Holdings and has more than $3 billion in assets under management as well as over 200 active portfolio companies. It has six network funds that invest in early-stage tech start-ups, health care start-ups and growth-stage companies spanning across places like the U.S., China, Israel, Southeast Asia and India.
