Re:DHH: Are you sure you want to be in San Francisco?
by pg on Wednesday April 23, 2008 @01:50AM
(#171325)
37 Signals will probably eventually be acquired. Bezos bet on that by investing in them, and he is pretty smart.
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Re:DHH: Are you sure you want to be in San Francisco?
by dhh on Wednesday April 23, 2008 @10:31AM
(#171521)
Not really, actually. This is in part why we turned down 30 VCs, but were interested in getting involved with Bezos. He's as interested as we are in making this a company that'll be around for 20 years. (And should that turn out not to be the case, Bezos is a minority investor and will have no power to force a sale).
37signals is not for sale now and probably never will be. We like what we're doing too much and are more than comfortable with just the simple financial success of a profitable business making dividends.
Again, doesn't mean that our way is the only way. I'm just trying to do mine to encourage others to see it as a viable alternative to the funding -> sell out route.