{"id":62198,"date":"2023-11-27T19:41:20","date_gmt":"2023-11-27T10:41:20","guid":{"rendered":"https:\/\/monolith.law\/ko\/?p=62198"},"modified":"2024-03-18T13:16:39","modified_gmt":"2024-03-18T04:16:39","slug":"exit-by-ipo-m-and-a","status":"publish","type":"post","link":"https:\/\/monolith.law\/ko\/general-corporate\/exit-by-ipo-m-and-a","title":{"rendered":"\uc8fc\uc2dd\uacf5\uac1c(IPO)\u30fbM&amp;A\ub97c \ud1b5\ud55c EXIT \ubc29\ubc95"},"content":{"rendered":"\n<p>\ubca4\ucc98 \uae30\uc5c5 \ub4f1\uc758 \ucc3d\uc5c5\uc790\uc640 \ubca4\ucc98 \uae30\uc5c5 \ub4f1\uc758 \uc8fc\uc2dd\ud68c\uc0ac\uc5d0 \ud22c\uc790\ud558\ub294 \ud22c\uc790\uc790\ub4e4\uc740 \uc591\uce21 \ubaa8\ub450 \uc774\uc775\uc744 \uc5bb\uae30 \uc704\ud574 \ud589\ub3d9\ud569\ub2c8\ub2e4. \uadf8\ub7ec\ub098 \uc774\uc775\uc744 \uc5bb\ub294\ub2e4\uace0 \ud574\ub3c4, \uc774\uc775\uc744 \uc5bb\ub294 \ubc29\ubc95\uc740 \ud558\ub098\ub9cc \uc788\ub294 \uac83\uc774 \uc544\ub2c8\uba70, \ub2e4\uc591\ud55c \ubc29\ubc95\uc774 \uace0\ub824\ub420 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \ub530\ub77c\uc11c, \uc774 \uae00\uc5d0\uc11c\ub294 \ubca4\ucc98 \uae30\uc5c5 \ub4f1\uc758 \ucc3d\uc5c5\uc790\uc640 \ud22c\uc790\uc790\uac00 \uc774\uc775\uc744 \uc5bb\ub294 \ub300\ud45c\uc801\uc778 \ubc29\ubc95\uc778 IPO\uc640 M&amp;A\ub97c \ud1b5\ud55c EXIT \ubc29\ubc95\uc5d0 \ub300\ud574 \uc124\uba85\ud558\uaca0\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_53 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/monolith.law\/ko\/general-corporate\/exit-by-ipo-m-and-a\/#EXIT%EC%9D%B4%EB%9E%80_%EB%AC%B4%EC%97%87%EC%9D%B8%EA%B0%80\" title=\"EXIT\uc774\ub780 \ubb34\uc5c7\uc778\uac00\">EXIT\uc774\ub780 \ubb34\uc5c7\uc778\uac00<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/monolith.law\/ko\/general-corporate\/exit-by-ipo-m-and-a\/#EXIT%EC%9D%98_%EB%B0%A9%EB%B2%95\" title=\"EXIT\uc758 \ubc29\ubc95\">EXIT\uc758 \ubc29\ubc95<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/monolith.law\/ko\/general-corporate\/exit-by-ipo-m-and-a\/#%EC%A3%BC%EC%8B%9D_%EC%83%81%EC%9E%A5IPO%EC%9D%84_%ED%86%B5%ED%95%9C_EXIT\" title=\"\uc8fc\uc2dd \uc0c1\uc7a5(IPO)\uc744 \ud1b5\ud55c EXIT\">\uc8fc\uc2dd \uc0c1\uc7a5(IPO)\uc744 \ud1b5\ud55c EXIT<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/monolith.law\/ko\/general-corporate\/exit-by-ipo-m-and-a\/#%EC%A3%BC%EC%8B%9D_%EC%83%81%EC%9E%A5IPO%EC%9D%B4%EB%9E%80\" title=\"\uc8fc\uc2dd \uc0c1\uc7a5(IPO)\uc774\ub780\">\uc8fc\uc2dd \uc0c1\uc7a5(IPO)\uc774\ub780<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/monolith.law\/ko\/general-corporate\/exit-by-ipo-m-and-a\/#%EC%A3%BC%EC%8B%9D_%EC%83%81%EC%9E%A5IPO%EC%9D%84_%ED%86%B5%ED%95%9C_EXIT%EC%9D%98_%EA%B5%AC%EC%A1%B0\" title=\"\uc8fc\uc2dd \uc0c1\uc7a5(IPO)\uc744 \ud1b5\ud55c EXIT\uc758 \uad6c\uc870\">\uc8fc\uc2dd \uc0c1\uc7a5(IPO)\uc744 \ud1b5\ud55c EXIT\uc758 \uad6c\uc870<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/monolith.law\/ko\/general-corporate\/exit-by-ipo-m-and-a\/#%EC%A3%BC%EC%8B%9D_%EC%83%81%EC%9E%A5IPO%EC%9D%84_%ED%86%B5%ED%95%9C_EXIT%EC%9D%98_%EC%9E%A5%EC%A0%90\" title=\"\uc8fc\uc2dd \uc0c1\uc7a5(IPO)\uc744 \ud1b5\ud55c EXIT\uc758 \uc7a5\uc810\">\uc8fc\uc2dd \uc0c1\uc7a5(IPO)\uc744 \ud1b5\ud55c EXIT\uc758 \uc7a5\uc810<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/monolith.law\/ko\/general-corporate\/exit-by-ipo-m-and-a\/#%EC%A3%BC%EC%8B%9D_%EC%83%81%EC%9E%A5IPO%EC%9D%84_%ED%86%B5%ED%95%9C_EXIT%EC%9D%98_%EB%8B%A8%EC%A0%90\" title=\"\uc8fc\uc2dd \uc0c1\uc7a5(IPO)\uc744 \ud1b5\ud55c EXIT\uc758 \ub2e8\uc810\">\uc8fc\uc2dd \uc0c1\uc7a5(IPO)\uc744 \ud1b5\ud55c EXIT\uc758 \ub2e8\uc810<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/monolith.law\/ko\/general-corporate\/exit-by-ipo-m-and-a\/#M_A%EB%A5%BC_%ED%86%B5%ED%95%9C_EXIT\" title=\"M&amp;A\ub97c \ud1b5\ud55c EXIT\">M&amp;A\ub97c \ud1b5\ud55c EXIT<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/monolith.law\/ko\/general-corporate\/exit-by-ipo-m-and-a\/#M_A%EB%9E%80\" title=\"M&amp;A\ub780\">M&amp;A\ub780<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/monolith.law\/ko\/general-corporate\/exit-by-ipo-m-and-a\/#M_A%EB%A5%BC_%ED%86%B5%ED%95%9C_EXIT%EC%9D%98_%EA%B5%AC%EC%A1%B0\" title=\"M&amp;A\ub97c \ud1b5\ud55c EXIT\uc758 \uad6c\uc870\">M&amp;A\ub97c \ud1b5\ud55c EXIT\uc758 \uad6c\uc870<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/monolith.law\/ko\/general-corporate\/exit-by-ipo-m-and-a\/#M_A%EB%A5%BC_%ED%86%B5%ED%95%9C_EXIT%EC%9D%98_%EC%9E%A5%EC%A0%90\" title=\"M&amp;A\ub97c \ud1b5\ud55c EXIT\uc758 \uc7a5\uc810\">M&amp;A\ub97c \ud1b5\ud55c EXIT\uc758 \uc7a5\uc810<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/monolith.law\/ko\/general-corporate\/exit-by-ipo-m-and-a\/#M_A%EB%A5%BC_%ED%86%B5%ED%95%9C_EXIT%EC%9D%98_%EB%8B%A8%EC%A0%90\" title=\"M&amp;A\ub97c \ud1b5\ud55c EXIT\uc758 \ub2e8\uc810\">M&amp;A\ub97c \ud1b5\ud55c EXIT\uc758 \ub2e8\uc810<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/monolith.law\/ko\/general-corporate\/exit-by-ipo-m-and-a\/#%EC%9A%94%EC%95%BD\" title=\"\uc694\uc57d\">\uc694\uc57d<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"EXIT%EC%9D%B4%EB%9E%80_%EB%AC%B4%EC%97%87%EC%9D%B8%EA%B0%80\"><\/span>EXIT\uc774\ub780 \ubb34\uc5c7\uc778\uac00<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>EXIT\uc774\ub780, \ubca4\ucc98 \ube44\uc988\ub2c8\uc2a4\ub098 \uae30\uc5c5 \uc7ac\uc0dd\uc5d0 \uad00\ud55c \uac1c\ub150\uc73c\ub85c, \ubca4\ucc98 \uae30\uc5c5 \ub4f1\uc758 \ucc3d\uc5c5\uc790, \ud22c\uc790 \ud380\ub4dc\ub098 VC \ub4f1\uc758 \ud22c\uc790\uc790\ub4e4\uc774 \uc8fc\uc2dd\uc758 \ub9e4\uac01\uc774\ub098 M&amp;A\ub97c \ud1b5\ud574 \ud22c\uc785\ud55c \uc790\ubcf8\uc744 \ud68c\uc218\ud558\uace0, \uc774\ub97c \ud1b5\ud574 \uc774\uc775\uc744 \uc5bb\ub294 \uac83\uc744 \ub9d0\ud569\ub2c8\ub2e4. \uac04\ub2e8\ud788 \ub9d0\ud558\uba74, \ubca4\ucc98 \uae30\uc5c5 \ub4f1\uc758 \ucc3d\uc5c5\uc790 \ubc0f \ud22c\uc790\uc790\ub4e4\uc774 \ubca4\ucc98 \uae30\uc5c5\uc5d0 \ud22c\uc790 \ub4f1\uc744 \ud1b5\ud574 \uc774\uc775\uc744 \uc5bb\ub294 \uac83\uc744 \ub9d0\ud569\ub2c8\ub2e4. \ub610\ud55c, EXIT\uc5d0 \ub300\ud574\uc11c\ub294 \uc218\ud655\uc774\ub77c\ub294 \uc758\ubbf8\ub97c \uac00\uc9c4 &#8216;\ud558\ubca0\uc2a4\ud305(Harvesting)&#8217;\uc774\ub77c\ub294 \ud45c\ud604\uc73c\ub85c\ub3c4 \ubd88\ub9ac\uae30\ub3c4 \ud569\ub2c8\ub2e4.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"EXIT%EC%9D%98_%EB%B0%A9%EB%B2%95\"><\/span>EXIT\uc758 \ubc29\ubc95<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>EXIT\uc758 \ubc29\ubc95\uc73c\ub85c\ub294 \ud06c\uac8c \ub2e4\uc74c\uc758 \ub450 \uac00\uc9c0 \ubc29\ubc95\uc774 \uace0\ub824\ub420 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<ul>\n<li>\uc8fc\uc2dd \uc0c1\uc7a5(IPO)\uc744 \ud1b5\ud55c EXIT<\/li>\n\n\n\n<li>M&amp;A\ub97c \ud1b5\ud55c EXIT<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%EC%A3%BC%EC%8B%9D_%EC%83%81%EC%9E%A5IPO%EC%9D%84_%ED%86%B5%ED%95%9C_EXIT\"><\/span>\uc8fc\uc2dd \uc0c1\uc7a5(IPO)\uc744 \ud1b5\ud55c EXIT<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>\uccab \ubc88\uc9f8\ub85c \uace0\ub824\ud560 \uc218 \uc788\ub294 \ubc29\ubc95\uc73c\ub85c IPO\ub97c \ud1b5\ud55c EXIT\uac00 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%EC%A3%BC%EC%8B%9D_%EC%83%81%EC%9E%A5IPO%EC%9D%B4%EB%9E%80\"><\/span>\uc8fc\uc2dd \uc0c1\uc7a5(IPO)\uc774\ub780<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/monolith.law\/wp-content\/uploads\/2020\/02\/shutterstock_318368702-1024x683.jpg\" alt=\"\" class=\"wp-image-7173\" \/><figcaption class=\"wp-element-caption\">IPO\ub97c \ud1b5\ud55c EXIT\uc5d0 \ub300\ud574 \uc124\uba85\ud558\uaca0\uc2b5\ub2c8\ub2e4.<\/figcaption><\/figure>\n\n\n\n<p>IPO\ub294 initial public offering\uc758 \uc57d\uc790\ub85c, \uc8fc\uc2dd \uc0c1\uc7a5, \uc8fc\uc2dd \uacf5\uac1c, \uc2e0\uaddc \uacf5\uac1c \uc8fc\uc2dd \ub4f1\uc73c\ub85c \ubd88\ub9ac\uba70, \uc8fc\uc2dd\uc744 \uc99d\uad8c \uac70\ub798\uc18c\uc5d0 \uc0c1\uc7a5\uc2dc\ucf1c \uc77c\ubc18\uc5d0 \uc8fc\uc2dd\uc744 \uacf5\uac1c\ud558\uace0, \ub204\uad6c\ub098 \uc8fc\uc2dd\uc744 \uc778\uc218\ud560 \uc218 \uc788\ub294 \uc0c1\ud0dc\ub97c \ub9cc\ub4dc\ub294 \uac83\uc744 \ub9d0\ud569\ub2c8\ub2e4.<\/p>\n\n\n\n<p><a href=\"https:\/\/monolith.law\/blockchain\/comparison-ico-ipo\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/monolith.law\/blockchain\/comparison-ico-ipo[ja]<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%EC%A3%BC%EC%8B%9D_%EC%83%81%EC%9E%A5IPO%EC%9D%84_%ED%86%B5%ED%95%9C_EXIT%EC%9D%98_%EA%B5%AC%EC%A1%B0\"><\/span>\uc8fc\uc2dd \uc0c1\uc7a5(IPO)\uc744 \ud1b5\ud55c EXIT\uc758 \uad6c\uc870<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\uba3c\uc800, \ubca4\ucc98 \uae30\uc5c5 \ub4f1\uc758 \ucc3d\uc5c5\uc790\uc758 \uc785\uc7a5\uc5d0\uc11c \uc0dd\uac01\ud574\ubd05\uc2dc\ub2e4. \ubca4\ucc98 \uae30\uc5c5 \ub4f1\uc758 \ucc3d\uc5c5\uc790\ub294 \ub2f9\uc5f0\ud788 \ud574\ub2f9 \uc8fc\uc2dd\ud68c\uc0ac\uc758 \ub300\ubd80\ubd84\uc758 \uc8fc\uc2dd\uc744 \ubcf4\uc720\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4. IPO\ub97c \ud558\uba74 \uc77c\ubc18\uc801\uc73c\ub85c \uc8fc\uc2dd\uc758 \uac00\uce58\uac00 \uae09\ub4f1\ud558\uac8c \ub429\ub2c8\ub2e4. \uadf8\ub7ec\uba74, \ubca4\ucc98 \uae30\uc5c5 \ub4f1\uc758 \ucc3d\uc5c5\uc790\ub294 \uc790\uc2e0\uc774 \ubcf4\uc720\ud55c \uc8fc\uc2dd\uc744 IPO \ud6c4\uc758 \ub192\uc740 \uc8fc\uac00\ub85c \ub9e4\uac01\ud568\uc73c\ub85c\uc368 \uc774\uc775\uc744 \uc5bb\uc744 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \ub2e4\uc74c\uc73c\ub85c, VC \ub4f1\uc758 \ud22c\uc790\uc790\uc758 \uc785\uc7a5\uc5d0\uc11c \uc0dd\uac01\ud574\ubd05\uc2dc\ub2e4.<\/p>\n\n\n\n<p>\ucc98\uc74c\uc5d0, VC \ub4f1\uc758 \ud22c\uc790\uc790\ub294 \ubca4\ucc98 \uae30\uc5c5 \ub4f1\uc758 \uc0ac\uc5c5 \ub0b4\uc6a9 \ub4f1\uc73c\ub85c\ubd80\ud130, \ubbf8\ub798\uc5d0 \uc131\uc7a5\ud560 \uc804\ub9dd\uc774 \uc788\ub294 \uae30\uc5c5\uc778\uc9c0\ub97c \ud310\ub2e8\ud569\ub2c8\ub2e4. \uadf8\ub9ac\uace0 \ubbf8\ub798\uc801\uc778 \uc131\uc7a5\uc774 \uc608\uc0c1\ub418\ub294 \uae30\uc5c5\uc73c\ub85c \ud310\ub2e8\ud560 \uacbd\uc6b0\uc5d0\ub294 \ud574\ub2f9 \ubca4\ucc98 \uae30\uc5c5 \ub4f1\uc5d0 \ud22c\uc790\ub97c \ud558\uace0, \uc8fc\uc2dd\uc744 \uc778\uc218\ud569\ub2c8\ub2e4. \uc774\ub54c, \ud68c\uc0ac\ub294 \uc131\uc7a5\ud558\uae30 \uc804 \ub2e8\uacc4\uc774\ubbc0\ub85c, VC \ub4f1\uc758 \ud22c\uc790\uc790\ub294 \uc0c1\ub300\uc801\uc73c\ub85c \ub0ae\uc740 \uac00\uaca9\uc73c\ub85c \uc8fc\uc2dd\uc744 \uc778\uc218\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \uadf8\ub9ac\uace0 \uacbd\uc6b0\uc5d0 \ub530\ub77c\uc11c\ub294, \ubca4\ucc98 \uae30\uc5c5 \ub4f1\uc758 \uacbd\uc601\uc9c4\uc5d0\uac8c \uc870\uc5b8 \ub4f1\uc758 \uc9c0\uc6d0\uc744 \ud558\uc5ec \ud574\ub2f9 \ubca4\ucc98 \uae30\uc5c5\uc758 IPO\ub97c \ubaa9\ud45c\ub85c \ud569\ub2c8\ub2e4. \uadf8\ub7ec\uba74, VC \ub4f1\uc758 \ud22c\uc790\uc790\ub294 IPO \uc804\uc5d0 \uc0c1\ub300\uc801\uc73c\ub85c \ub0ae\uc740 \uac00\uaca9\uc73c\ub85c \uc778\uc218\ud55c \uc8fc\uc2dd\uc744 IPO \ud6c4\uc758 \ub192\uc740 \uc8fc\uac00\ub85c \ub9e4\uac01\ud568\uc73c\ub85c\uc368 \uc774\uc775\uc744 \uc5bb\uc744 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \uc774\ub7ec\ud55c \uad6c\uc870\ub97c \ud1b5\ud574 IPO\ub97c \ud1b5\ud574 EXIT\ub97c \uc9c4\ud589\ud558\uac8c \ub429\ub2c8\ub2e4.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%EC%A3%BC%EC%8B%9D_%EC%83%81%EC%9E%A5IPO%EC%9D%84_%ED%86%B5%ED%95%9C_EXIT%EC%9D%98_%EC%9E%A5%EC%A0%90\"><\/span>\uc8fc\uc2dd \uc0c1\uc7a5(IPO)\uc744 \ud1b5\ud55c EXIT\uc758 \uc7a5\uc810<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\uc8fc\uc2dd \uc0c1\uc7a5(IPO)\uc744 \ud1b5\ud55c EXIT\uc758 \ud070 \uc7a5\uc810\uc73c\ub85c\ub294 \ud070 \uc774\uc775\uc744 \ub0bc \uc218 \uc788\ub294 \uac00\ub2a5\uc131\uc774 \uc788\ub2e4\ub294 \uc810\uc774 \ub4e4 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \ubca4\ucc98 \uae30\uc5c5 \ub4f1\uc758 \ucc3d\uc5c5\uc790\ub77c\uba74, \ub9e4\uc6b0 \ub0ae\uc740 \uae08\uc561\uc73c\ub85c \ub9ce\uc740 \uc8fc\uc2dd\uc744 \uc778\uc218\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4. \ub610\ud55c, VC \ub4f1\uc758 \ud22c\uc790\uc790\ub77c\uba74, \ubca4\ucc98 \uae30\uc5c5 \ub4f1\uc774 IPO\ub97c \uc9c1\uc804\uc5d0 \uc8fc\uc2dd\uc744 \uc778\uc218\ud558\ub294 \uacbd\uc6b0\ub77c\uba74 \ud22c\uc790\ud558\ub294 \uae08\uc561\uc740 \uadf8\ub7f4\ub4ef\ud558\uac8c \ub192\uc544\uc9c0\uc9c0\ub9cc, \ubca4\ucc98 \uae30\uc5c5 \ub4f1\uc774 \ucc3d\uc5c5\ub41c \ub9c9\ubc14\uc9c0 \uc0c1\ud0dc\ub77c\uba74, \ub9e4\uc6b0 \uc800\ub834\ud55c \uae08\uc561\uc73c\ub85c \ub9ce\uc740 \uc8fc\uc2dd\uc744 \uc778\uc218\ud560 \uc218\ub3c4 \uc788\uc2b5\ub2c8\ub2e4. \uc774\ucc98\ub7fc \ucd08\uae30\uc5d0 \ubd80\ub2f4\ud55c \uae08\uc561\uc774 \ub0ae\ub2e4\uba74, \uac00\uce58\uac00 \uc0c1\uc2b9\ud55c \uc8fc\uc2dd\uc744 \ub9e4\uac01\ud568\uc73c\ub85c\uc368 \ud070 \uc774\uc775\uc744 \ub0bc \uc218 \uc788\ub294 \uac00\ub2a5\uc131\uc774 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%EC%A3%BC%EC%8B%9D_%EC%83%81%EC%9E%A5IPO%EC%9D%84_%ED%86%B5%ED%95%9C_EXIT%EC%9D%98_%EB%8B%A8%EC%A0%90\"><\/span>\uc8fc\uc2dd \uc0c1\uc7a5(IPO)\uc744 \ud1b5\ud55c EXIT\uc758 \ub2e8\uc810<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\uc8fc\uc2dd \uc0c1\uc7a5(IPO)\uc744 \ud1b5\ud55c EXIT\uc758 \ub2e8\uc810\uc73c\ub85c\ub294, \uba3c\uc800, EXIT\ud560 \uc218 \uc5c6\ub294 \uc704\ud5d8\uc774 \uc788\ub2e4\ub294 \uc810\uc774 \ub4e4 \uc218 \uc788\uc2b5\ub2c8\ub2e4. IPO\ub97c \ud558\uae30 \uc704\ud574\uc11c\ub294 \ubca4\ucc98 \uae30\uc5c5 \ub4f1\uc744 \uc0c1\uc7a5 \uc2ec\uc0ac\uc5d0 \uacac\ub51c \uc218 \uc788\ub294 \uc0c1\ud0dc\uae4c\uc9c0 \uc131\uc7a5\uc2dc\ud0a4\ub294 \uac83\uc774 \ud544\uc694\ud558\uc9c0\ub9cc, \uadf8 \uc0c1\ud0dc\uae4c\uc9c0 \uc131\uc7a5\uc2dc\ud0a4\uc9c0 \ubabb\ud558\uace0 IPO\ub97c \ud3ec\uae30\ud574\uc57c \ud558\ub294 \uacbd\uc6b0\ub3c4 \uc801\uc9c0 \uc54a\uc2b5\ub2c8\ub2e4. \uadf8\ub7ec\uba74, \ub2f9\uc5f0\ud788 IPO\ub97c \ud1b5\ud55c EXIT\ub97c \uc9c4\ud589\ud558\uace0 \uc774\uc775\uc744 \uc5bb\uc744 \uc218 \uc5c6\uac8c \ub429\ub2c8\ub2e4. \ub610\ud55c, \ubca4\ucc98 \uae30\uc5c5 \ub4f1\uc744 IPO\uc2dc\ud0a4\uae30 \uc704\ud574\uc11c\ub294 \ud070 \ub178\ub825\uc774 \ud544\uc694\ud569\ub2c8\ub2e4. \uc8fc\uc2dd \uc0c1\uc7a5(IPO)\uc744 \ud1b5\ud55c EXIT\ub97c \uc9c4\ud589\ud558\uae30 \uc704\ud574 \ud070 \ub178\ub825\uc774 \ud544\uc694\ud558\ub2e4\ub294 \uc810\ub3c4, \uc8fc\uc2dd \uc0c1\uc7a5(IPO)\uc744 \ud1b5\ud55c EXIT\uc758 \ub2e8\uc810\uc73c\ub85c \ubcfc \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"M_A%EB%A5%BC_%ED%86%B5%ED%95%9C_EXIT\"><\/span>M&amp;A\ub97c \ud1b5\ud55c EXIT<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/monolith.law\/wp-content\/uploads\/2020\/02\/shutterstock_1413966269-1024x683.jpg\" alt=\"\" class=\"wp-image-7174\" \/><figcaption class=\"wp-element-caption\">\ub2e4\uc74c\uc73c\ub85c M&amp;A\ub97c \ud1b5\ud55c EXIT\uc5d0 \ub300\ud574 \uc124\uba85\ud558\uaca0\uc2b5\ub2c8\ub2e4.<\/figcaption><\/figure>\n\n\n\n<p>\ub450 \ubc88\uc9f8\ub85c \uace0\ub824\ud560 \uc218 \uc788\ub294 \ubc29\ubc95\uc740 M&amp;A\ub97c \ud1b5\ud55c EXIT\uc785\ub2c8\ub2e4.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"M_A%EB%9E%80\"><\/span>M&amp;A\ub780<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>M&amp;A\ub294 Mergers(\ud569\ubcd1) and Acquisitions(\uc778\uc218)\uc758 \uc57d\uc790\ub85c, \uae30\uc5c5\uc758 \ud569\ubcd1\uc774\ub098 \uc778\uc218\ub97c \uc758\ubbf8\ud569\ub2c8\ub2e4. \uc0ac\uc6a9\ub418\ub294 \uc0c1\ud669\uc5d0 \ub530\ub77c\uc11c\ub294, \uae30\uc5c5\uc758 \uc81c\ud734\uae4c\uc9c0 M&amp;A\ub77c\ub294 \uac1c\ub150\uc5d0 \ud3ec\ud568\uc2dc\ucf1c \uc0ac\uc6a9\ub418\uae30\ub3c4 \ud569\ub2c8\ub2e4.<\/p>\n\n\n\n<p><a href=\"https:\/\/monolith.law\/corporate\/merger-acquisition\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/monolith.law\/corporate\/merger-acquisition[ja]<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"M_A%EB%A5%BC_%ED%86%B5%ED%95%9C_EXIT%EC%9D%98_%EA%B5%AC%EC%A1%B0\"><\/span>M&amp;A\ub97c \ud1b5\ud55c EXIT\uc758 \uad6c\uc870<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>M&amp;A\ub294 \ud68c\uc0ac\ub098 \ud68c\uc0ac\uc758 \uc0ac\uc5c5\uc744 \ub9e4\uac01\ud558\uc5ec \uc774\uc775\uc744 \uc5bb\ub294 \ubc29\ubc95\uc785\ub2c8\ub2e4. \uad6c\uccb4\uc801\uc73c\ub85c\ub294, \ud68c\uc0ac\ub97c \uc131\uc7a5\uc2dc\ud0a4\uace0, \ud68c\uc0ac\uc758 \uac00\uce58\uac00 \uc0c1\uc2b9\ud55c \ub2e8\uacc4\uc5d0\uc11c, \ud68c\uc0ac\ub098 \ud68c\uc0ac\uc758 \uc0ac\uc5c5\uc744 \ub9e4\uac01\ud568\uc73c\ub85c\uc368 \uc774\uc775\uc744 \uc5bb\uac8c \ub429\ub2c8\ub2e4.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"M_A%EB%A5%BC_%ED%86%B5%ED%95%9C_EXIT%EC%9D%98_%EC%9E%A5%EC%A0%90\"><\/span>M&amp;A\ub97c \ud1b5\ud55c EXIT\uc758 \uc7a5\uc810<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>M&amp;A\uc758 \uc7a5\uc810\uc73c\ub85c\ub294, IPO\uc5d0 \uc774\ub974\uc9c0 \uc54a\uc544\ub3c4 EXIT\ud560 \uc218 \uc788\ub2e4\ub294 \uc810\uc774 \uc788\uc2b5\ub2c8\ub2e4. \ud68c\uc0ac\uc758 \uac00\uce58\ub294 \uc0c1\uc2b9\ud558\uace0 \uc788\uc9c0\ub9cc, IPO\uc5d0 \uc774\ub974\uc9c0 \ubabb\ud558\ub294 \uacbd\uc6b0\ub3c4 \ub9ce\uc2b5\ub2c8\ub2e4. \uadf8\ub7f0 \uacbd\uc6b0\uc5d0\ub294, M&amp;A\ub97c \ud1b5\ud55c EXIT\ub85c \uc774\uc775\uc744 \uc5bb\uc744 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \ub610\ud55c, VC \ub4f1\uc758 \ud22c\uc790\uc790\ub4e4\uc5d0\uac8c\ub294 \uc8fc\uc2dd\uc744 \ud655\uc2e4\ud788 \ucc98\ubd84\ud560 \uc218 \uc788\uc73c\ubbc0\ub85c, \uc8fc\uc2dd\uc744 \uc778\uc218\ud560 \uc0ac\ub78c\uc744 \ucc3e\uc9c0 \ubabb\ud558\ub294 \uc704\ud5d8\uc744 \ud53c\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"M_A%EB%A5%BC_%ED%86%B5%ED%95%9C_EXIT%EC%9D%98_%EB%8B%A8%EC%A0%90\"><\/span>M&amp;A\ub97c \ud1b5\ud55c EXIT\uc758 \ub2e8\uc810<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>M&amp;A\ub97c \ud1b5\ud55c EXIT\uc758 \ub2e8\uc810\uc73c\ub85c\ub294, M&amp;A\ub97c \ud1b5\ud574 \ud604\uc7ac\uc758 \uacbd\uc601\uc9c4\uc5d0\uc11c \uc0c8\ub85c\uc6b4 \uacbd\uc601\uc9c4\uc73c\ub85c \uacbd\uc601\uad8c\uc774 \uc774\uc804\ub41c\ub2e4\ub294 \uc810\uc774 \uc788\uc2b5\ub2c8\ub2e4. \uacbd\uc601\uad8c\uc774 \uc774\uc804\ub418\ub354\ub77c\ub3c4, VC \ub4f1\uc758 \ud22c\uc790\uc790\ub4e4\uc758 \uc785\uc7a5\uc5d0\uc11c\ub294 \ud2b9\ubcc4\ud788 \ub2e8\uc810\uc774 \ub418\uc9c0 \uc54a\uc744 \uac83\uc73c\ub85c \uc0dd\uac01\ub418\uc9c0\ub9cc, \ubca4\ucc98\uae30\uc5c5 \ub4f1\uc758 \ucc3d\uc5c5\uc790\ub4e4\uc5d0\uac8c\ub294 \uc774\ud6c4\uc5d0 \uacbd\uc601\uc5d0 \uad00\uc5ec\ud560 \uc218 \uc5c6\uac8c \ub418\ub294 \uac00\ub2a5\uc131\uc774 \uc788\uc73c\ubbc0\ub85c, \uc774 \uc810\uc740 \ub2e8\uc810\uc774 \ub420 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \ub610\ud55c, \uc815\ubcf4 \uc720\ucd9c\uc758 \uc704\ud5d8\uc774 \uc788\ub294 \uc810\ub3c4 M&amp;A\ub97c \ud1b5\ud55c EXIT\uc758 \ub2e8\uc810\uc73c\ub85c \ubcfc \uc218 \uc788\uc2b5\ub2c8\ub2e4. M&amp;A\ub97c \uc9c4\ud589\ud560 \uacbd\uc6b0, \uc778\uc218\ud558\ub294 \uce21\uc740 \uc5b4\ub5a0\ud55c \uc870\uc0ac\ub3c4 \uc5c6\uc774 \uc778\uc218\ub97c \uacb0\uc815\ud558\ub294 \uac83\uc774 \uc544\ub2c8\ub77c, \ucca0\uc800\ud55c \ub4c0\ub38c\ub9ac\uc804\uc2a4(DD) \ub4f1\uc744 \uc9c4\ud589\ud558\uace0 \uc778\uc218\ub97c \ud310\ub2e8\ud558\uac8c \ub429\ub2c8\ub2e4. \uadf8 \uacfc\uc815\uc5d0\uc11c \ub9e4\uac01\ud558\ub294 \uce21\uc740 \uc778\uc218\ud558\ub294 \uce21\uc5d0\uac8c \uc77c\uc815\ud55c \uc815\ubcf4\ub97c \uc81c\uacf5\ud574\uc57c \ud558\ubbc0\ub85c, \uc774\ub85c \uc778\ud574 \uc815\ubcf4\uac00 \uc720\ucd9c\ub420 \uc704\ud5d8\uc774 \ubc1c\uc0dd\ud558\uac8c \ub429\ub2c8\ub2e4. \uc774\ub7ec\ud55c \uc815\ubcf4 \uc720\ucd9c\uc744 \ubc29\uc9c0\ud558\uae30 \uc704\ud574\uc11c\ub294, \ucca0\uc800\ud55c \ube44\ubc00\uc720\uc9c0 \uacc4\uc57d\uc744 \uccb4\uacb0\ud574 \ub450\ub294 \uac83\uc774 \uc911\uc694\ud569\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\uadf8\ub9ac\uace0, M&amp;A\ub97c \ud1b5\ud55c EXIT\uc758 \ub2e8\uc810\uc73c\ub85c\ub294, \uc9c1\uc6d0\ub4e4\uc758 \uad00\ub9ac\uac00 \ud544\uc694\ud558\ub2e4\ub294 \uc810\uc774 \uc788\uc2b5\ub2c8\ub2e4. M&amp;A\ub97c \ud1b5\ud55c \uacc4\uc57d \ub0b4\uc6a9\uc5d0 \ub530\ub77c\uc11c\ub294, \uc9c1\uc6d0\uacfc\uc758 \uacc4\uc57d \uad00\uacc4\uc758 \uc774\uc804\ub3c4 M&amp;A\uc5d0 \ud3ec\ud568\ub418\ub294 \uacbd\uc6b0\uac00 \uc788\uc2b5\ub2c8\ub2e4. \uadf8\ub807\uac8c \ub418\uba74, \uc9c1\uc7a5 \ud658\uacbd\uc774\ub098 \uadf8\ub3d9\uc548\uc758 \uadfc\ubb34 \uad00\uacc4\uc5d0 \ubcc0\ud654\uac00 \uc0dd\uae30\uace0, \uc9c1\uc6d0\ub4e4\uc774 \uc77c\ud558\uae30 \uc5b4\ub824\uc6b4 \uc0c1\ud669\uc774 \ub420 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \uc9c1\uc6d0\ub4e4\uc740 \ud68c\uc0ac\uc5d0 \uc788\uc5b4\uc11c \uc911\uc694\ud55c \uc790\uc0b0\uc774\ubbc0\ub85c, \uc9c1\uc6d0\ub4e4\uc758 \uad00\ub9ac\uac00 \ud544\uc694\ud558\ub2e4\ub294 \uc810\uc740 \ub2e8\uc810\uc774 \ub420 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%EC%9A%94%EC%95%BD\"><\/span>\uc694\uc57d<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>\uc9c0\uae08\uae4c\uc9c0 IPO\uc640 M&amp;A\ub97c \ud1b5\ud55c EXIT \ubc29\ubc95\uc5d0 \ub300\ud574 \uc124\uba85\ud558\uc600\uc2b5\ub2c8\ub2e4. \ubca4\ucc98\uae30\uc5c5 \ub4f1\uc758 \ucc3d\uc5c5\uc790\uc640 \ubca4\ucc98\uae30\uc5c5 \ub4f1\uc758 \uc8fc\uc2dd\ud68c\uc0ac\uc5d0 \ud22c\uc790\ud558\ub294 \ud22c\uc790\uc790\ub294 \uc6d0\uce59\uc801\uc73c\ub85c \ud22c\uc790\ub97c \ud1b5\ud574 \uc774\uc775\uc744 \uc5bb\ub294\ub2e4\ub294 \uacf5\ud1b5\uc758 \ubaa9\ud45c\ub97c \uac00\uc9c0\uace0 \uc788\uc2b5\ub2c8\ub2e4. \ub530\ub77c\uc11c, EXIT \ubc29\ubc95\uc744 \uc774\ud574\ud568\uc73c\ub85c\uc368 \ubca4\ucc98\uae30\uc5c5 \ub4f1\uc758 \ucc3d\uc5c5\uc790\uc640 \ud22c\uc790\uc790\uc758 \ubc1c\uac78\uc74c\uc774 \ub9de\ucdb0\uc9c8 \uac83\uc73c\ub85c \uae30\ub300\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \uadf8\ub7ec\ubbc0\ub85c, \uba3c\uc800 IPO\uc640 M&amp;A\ub77c\ub294 \ub300\ud45c\uc801\uc778 EXIT \ubc29\ubc95\uc744 \ud655\uc2e4\ud788 \uc774\ud574\ud558\ub294 \uac83\uc774 \uc911\uc694\ud569\ub2c8\ub2e4. IPO\uc640 M&amp;A\ub97c \ud1b5\ud55c EXIT \ubc29\ubc95\uc5d0 \ub300\ud574\uc11c\ub294 \ud68c\uc0ac\ubc95 \ub4f1\uc5d0 \uad00\ud55c \uc9c0\uc2dd\uacfc \uac19\uc740 \uc804\ubb38\uc801\uc778 \uc9c0\uc2dd\uc774 \uc694\uad6c\ub418\ubbc0\ub85c, IPO\uc640 M&amp;A\ub97c \ud1b5\ud55c EXIT \ubc29\ubc95\uc5d0 \ub300\ud55c \uc774\ud574\uc5d0 \ub300\ud574 \ubd88\uc548\uac10\uc774 \uc788\ub294 \ubd84\uc740 \ubcc0\ud638\uc0ac\uc5d0\uac8c \uc0c1\ub2f4\uc744 \ubc1b\uc73c\uc2dc\uae30 \ubc14\ub78d\ub2c8\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\ubca4\ucc98 \uae30\uc5c5 \ub4f1\uc758 \ucc3d\uc5c5\uc790\uc640 \ubca4\ucc98 \uae30\uc5c5 \ub4f1\uc758 \uc8fc\uc2dd\ud68c\uc0ac\uc5d0 \ud22c\uc790\ud558\ub294 \ud22c\uc790\uc790\ub4e4\uc740 \uc591\uce21 \ubaa8\ub450 \uc774\uc775\uc744 \uc5bb\uae30 \uc704\ud574 \ud589\ub3d9\ud569\ub2c8\ub2e4. \uadf8\ub7ec\ub098 \uc774\uc775\uc744 \uc5bb\ub294\ub2e4\uace0 \ud574\ub3c4, \uc774\uc775\uc744 \uc5bb\ub294 \ubc29\ubc95\uc740 \ud558\ub098\ub9cc \uc788\ub294 \uac83\uc774 \uc544\ub2c8\uba70, \ub2e4\uc591\ud55c \ubc29\ubc95\uc774 \uace0\ub824\ub420 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \ub530\ub77c\uc11c, \uc774 \uae00\uc5d0\uc11c\ub294 \ubca4\ucc98 \uae30\uc5c5 \ub4f1\uc758 \ucc3d\uc5c5\uc790\uc640 \ud22c\uc790\uc790\uac00 \uc774\uc775\uc744 \uc5bb\ub294 \ub300\ud45c\uc801\uc778 \ubc29\ubc95\uc778 IPO\uc640 M&amp;A\ub97c \ud1b5\ud55c EXIT \ubc29\ubc95\uc5d0 \ub300 [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":63564,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[24,27],"acf":[],"_links":{"self":[{"href":"https:\/\/monolith.law\/ko\/wp-json\/wp\/v2\/posts\/62198"}],"collection":[{"href":"https:\/\/monolith.law\/ko\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/monolith.law\/ko\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/monolith.law\/ko\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/monolith.law\/ko\/wp-json\/wp\/v2\/comments?post=62198"}],"version-history":[{"count":1,"href":"https:\/\/monolith.law\/ko\/wp-json\/wp\/v2\/posts\/62198\/revisions"}],"predecessor-version":[{"id":63565,"href":"https:\/\/monolith.law\/ko\/wp-json\/wp\/v2\/posts\/62198\/revisions\/63565"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/monolith.law\/ko\/wp-json\/wp\/v2\/media\/63564"}],"wp:attachment":[{"href":"https:\/\/monolith.law\/ko\/wp-json\/wp\/v2\/media?parent=62198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/monolith.law\/ko\/wp-json\/wp\/v2\/categories?post=62198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/monolith.law\/ko\/wp-json\/wp\/v2\/tags?post=62198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}