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A comment on This venture-backed startup has quietly bought more than 80 mom-and-pop shops. Parent comment

Re:This venture-backed startup has quietly bought more than ... by bitcurious on Saturday August 26, 2023 @06:44PM (#37277580)
If mom & pop doing the labor wanted to retire by selling the business, they can't. What might have been an asset isn't. So they either keep working even though they are of retirement age, or they close up shop with a smaller nest-egg.
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Re:This venture-backed startup has quietly bought more than ... by x0x0 on Sunday August 27, 2023 @05:23PM (#37286767)
The fundamental problem is they haven't built an asset, and now they're trying to sell a job and likely deluded about the value.

If all you have is a business that supports a good wage for 1-2 overworked owners, that's worth something not materially different from $0.

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