Mar 5, 2026
Rodolfo Elias Dieck | Managing Partner | Proeza Ventures
What does today’s exit market really look like from the investor’s seat?
In this Investor’s Corner episode of the TechExits Podcast, Rodolfo Elias Dieck shares how venture investors think about exits in today’s market—why most venture‑backed outcomes still happen through strategic M&A, how founders should prepare years in advance, and where valuation expectations often break down.
Rodolfo also discusses the growing role of secondaries, how boards and investors navigate misalignment, and what founders need to understand about building relationships with potential acquirers early.
A practical, grounded conversation for founders, operators, and investors navigating the next wave of tech exits.
Key Takeaways
Why most venture‑backed exits still happen through M&A
How investors help founders prepare long before a sale
Where valuation misalignment between founders and VCs comes from
Why secondaries matter—but aren’t a silver bullet yet
00:00 –
Introduction & Proeza Ventures’
investment focus
01:50 – Why tech exits are
picking up again
04:30 – How investors prepare
founders for exits
07:05 – M&A vs IPOs and the
role of secondaries
09:10 – Inbound interest vs
running a formal M&A process
12:45 – What buyers value that
founders often overlook
19:20 – Will the exit wave
continue? Advice for founders