Re:Why I Sold My Startup Instead Of Taking VC Money
by tallross on Friday November 30, 2012 @03:25PM
(#4855266)
An exit is not universally defined as success. Success is defined by the person who builds the company.
>Success should be building and maintaining a business that can annually bring you in a ton of cash, keep you relatively sane, keep loads of people from your country's economy in employment and above all provide goods or services that will make someone else's life/work a little easier.
Selling my company allows me to do all those things (although my cash is coming in up-front, for the most part, which means I can likely grow that money a lot faster than I could have if I got it over many years).
To each his own...
Why is an exit defined as success? Success should be building and maintaining a business that can annually bring you in a ton of cash, keep you relatively sane, keep loads of people from your country's economy in employment and above all provide goods or services that will make someone else's life/work a little easier.
You want to make a business of selling businesses, fair enough but I disagree that that is what we should all be doing.