News for hackers. Stuff that matters.

A comment on Change at Buffer: The Next Phase, and Why Our Co-Founder and CTO Are Moving On. Parent comment

Re:Change at Buffer: The Next Phase, and Why Our Co-Founder ... by the_watcher on Friday February 10, 2017 @05:07PM (#13619325)
Or, given that they've now been profitable for 7 months, they could continue to exist without an exit strategy.
[ Parent | on HN ]
Re:Change at Buffer: The Next Phase, and Why Our Co-Founder ... by shostack on Friday February 10, 2017 @05:57PM (#13619661)
How does that work in the VC-funded world?

If a company's growth has dramatically slowed, but they are still profitable (even with a down year here or there), are VC's ok letting them chug along without an exit? My guess would be no and they'd push for some sort of private sale.

[ Parent | on HN ]
Re:Change at Buffer: The Next Phase, and Why Our Co-Founder ... by argigg on Friday February 10, 2017 @09:40PM (#13620635)
A company that accumulated enough cash could, in theory, buy out its investors. This would allow an impatient VC fund to return cash without involving any other party. Not sure if a VC-backed startup has ever done this.
[ Parent | on HN ]