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Re:Figma and Adobe are abandoning our proposed merger by ceejayoz on Monday December 18, 2023 @08:57AM (#38682537)
Mom-and-pop businesses fit the definition of entrepreneur just fine. I'm not willing to let Silicon Valley VCs redefine the term.

> What happens when the owner(s) wants to retire?

Maybe they just close down the shop.

> Or has a serious health issue?

And purchase disability insurance.

Re:Figma and Adobe are abandoning our proposed merger by chiefalchemist on Monday December 18, 2023 @04:19PM (#38688464)
The point is, regardless of circumstances, if no one wants to acquire the business then the business by definition has not created value (in the eyes of the market).

Being a mom & pop is not the same as being an entrepreneur. They are two separate mindsets. One use exit as a North Star the other just retires and closes up shop.