Re:The latest trend for tech interviews: Days of unpaid home...
by adventured on Thursday April 19, 2018 @06:35PM
(#16880770)
> Henry Ford didn't have an "exit strategy"
The several hundred other auto makers in Detroit did, they went bankrupt or sold out for peanuts right before going bankrupt.
Google, Microsoft, Amazon, Netflix, Apple, Facebook, Cisco, Oracle, Intuit, Adobe, PayPal, nVidia, Intel, etc. don't have exit strategies either.
For the vast majority of businesses, you're either going bankrupt, or you're going to eventually sell as an exit. One in a million businesses turn into the next Ford scenario.
The several hundred other auto makers in Detroit did, they went bankrupt or sold out for peanuts right before going bankrupt.
Google, Microsoft, Amazon, Netflix, Apple, Facebook, Cisco, Oracle, Intuit, Adobe, PayPal, nVidia, Intel, etc. don't have exit strategies either.
For the vast majority of businesses, you're either going bankrupt, or you're going to eventually sell as an exit. One in a million businesses turn into the next Ford scenario.