Re: Should Web Entrepreneurs Hang on to their Companies?
by tezza on Monday October 26, 2009 @02:06PM
(#903743)
Uurghh, not a very sensible article. High on principle but low on practicality.
Think what you like about owning a company versus share investing as a good way to build a nest-egg, this is not the crux.
Shares and cash are exchangeable to other parties.
A stake in your company is not exchangable
So that's the main difference, unless your pet company has lots of cash-at-bank which you can draw on, you cannot easily liquidate a portion of your company for cold hard assets.
Think what you like about owning a company versus share investing as a good way to build a nest-egg, this is not the crux.
So that's the main difference, unless your pet company has lots of cash-at-bank which you can draw on, you cannot easily liquidate a portion of your company for cold hard assets.