Under a bitcoin standard, “exits” are far less a focus of company leadership. “Going public” isn’t really a thing either.

Instead, streamlined operations, local (decentralized) ownership of companies producing high quality goods and services. That’s what bitcoin incentivizes.

For example, A large oil and gas company can’t afford to sit on reserves it isn’t actively producing. Large companies will sell them for more bitcoin exposure while smaller operators will assume operations of those (smaller) fields to make them produce more cost effectively. Alternatively, those fields will be abandoned until the marginal cost to produce those fields lines up with market pricing for oil and gas. But they’ll fall off of the corporate balance sheet vs. wasting opex to keep the reserves on the 10-K.

Bloated balance sheets and lazy operations of assets will be a thing of the past. Centralizing control under massive corporations will end under a bitcoin standard.

Exits and public markets will look FAR DIFFERENT than they do today.

And the world will improve.