Startup Time to Sell Index Rebounds as AI IPO Optimism Returns

The Startup Club Time to Sell Index (TTSI) has rebounded to 26.8 after falling to 16.8 in April amid concerns surrounding global uncertainty, geopolitical tensions, and the prospect of higher interest rates for longer.

The recovery has been surprisingly swift.

While many investors entered 2026 expecting continued volatility, sentiment has improved dramatically over the past several months. Much of that optimism has been fueled by growing anticipation surrounding the next generation of mega technology IPOs and the continued strength of the artificial intelligence sector.

Investors are closely watching companies such as OpenAI, Anthropic, and SpaceX, all of which have the potential to become some of the most significant public offerings of the decade. Whether these companies ultimately come to market this year or next, the prospect of their eventual public listings has helped restore confidence throughout the technology ecosystem.

Why does this matter to founders?

Because liquidity starts at the top.

When public markets are active and investors are confident, capital flows through the entire startup ecosystem. Public companies become more aggressive acquirers. Private equity firms gain additional liquidity and redeploy capital into new opportunities. Venture capital firms generate returns and raise larger funds to invest in the next generation of startups.

As liquidity increases, valuations often follow.

The Startup Club Time to Sell Index was created to measure these shifts in market sentiment and liquidity. Based on public listing activity, the TTSI provides founders with a simple way to gauge whether the market favors buyers or sellers.

At 26.8, the index remains firmly in buyer’s market territory. However, it is a significant improvement from the lows experienced in 2022 and a substantial recovery from April’s reading of 16.8.

The market is not yet signaling that founders should rush to sell. A true seller’s market would likely require a TTSI above 50. Nevertheless, the trend is encouraging.

From my own experience, timing can have an enormous impact on the value of a company. After spending a decade building a business to more than $180 million in value, I witnessed firsthand how quickly a market downturn can erase opportunity when the dot-com bubble burst.

That lesson ultimately inspired the creation of the TTSI.

Today, the data suggests we are no longer at the bottom of the cycle. The rebound in public listings, combined with renewed enthusiasm surrounding AI and large technology offerings, points to improving conditions for founders, investors, and acquirers alike.

The recovery is real.

The question now is whether the next wave of AI-driven public offerings can sustain the momentum and push the market closer to a true seller’s environment.

The Next Internet Land Rush Has Begun

Today was an important day in the domain name world. ICANN, the organization that oversees the global domain name system, revealed the applications for...

My Peers Confronted Me About Being a Workaholic. These 5 Changes Helped Me Build and Sell Companies With Less Stress.

Back in 2017, I was confronted by a group of fellow business owners. We belonged to a peer group that met every month to help...

TTSI Drops as High Interest Rates Stall the IPO Recovery

2026 seems to be ending with a thud.  We are now estimating U.S. IPO market reaching 330 public offerings in 2026, the Startup.club Time to...

Build What You Love in an AI World or You’ll Probably Quit

Building a company is hard. It takes longer than expected. It costs more than planned. Customers do not always respond. Products fail. Marketing campaigns fall...

Learning How to Learn in the AI Age

The most valuable skill in the AI age may not be coding, prompting, or automation. It may be learning how to learn. Technology is evolving faster...

I Just Had a Heart Attack at 56. Here Are 6 Lessons Every Entrepreneur Should Know

At 8:45 Monday morning, I sat up and felt a pain in my upper back. When I stood up, the pain began radiating around...