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> My takeaway from the article is that you don't really ever want to sell a SaaS business if you don't have something more profitable to replace it with. Not r
by nathan_f77 11y ago
> My takeaway from the article is that you don't really ever want to sell a SaaS business if you don't have something more profitable to replace it with.
Not really. There's plenty of reasons to sell an illiquid asset, such as a growing business, or shares in a company. Maybe you want to buy a house, or you want to put it all in the S&P 500 to be completely passive and have much lower risk. Maybe you just want to swap your company for a yacht and sail around the caribbean for a while.
- charlesdm 11y agoMost people underestimate how valuable having half a million or so in the stock market can be. That's true passive income, unlike any business.
- icedchai 11y agoExcept when the market's dropping everyday, like in '08 or earlier this year. It takes balls of steel to hold on and keep investing.