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So it's OK to be an acquirer of companies (Apple, MS, Oracle, Berkshire), but it's not OK to sell out to one?
by gcheong 17y ago
So it's OK to be an acquirer of companies (Apple, MS, Oracle, Berkshire), but it's not OK to sell out to one?
- tptacek 17y agoYes. That is what he is saying. What's the problem with that logic?
- gcheong 17y ago1. In order for there to be a market, there have to be both buyers and sellers, so being a seller creates value and is a good thing. 2. He is saying that if you are a buyer then you are doing it "for the vision", but if you are a seller then you are doing it just for "a quick flip". I doubt that very much.
- tptacek 17y agoHe's saying "don't be one of the sellers". Not complicated.
- isleyaardvark 17y agoThere doesn't have to be a market in startups. What is a startup trying to sell, their product or their shares? The lines can blur a bit, but ultimately it's the buyer that's going to take the product forward in the market and generate the value.