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But the business got bought. That's not being not successful.
by st3v3r 10y ago
But the business got bought. That's not being not successful.
- harryh 10y agoIf a business gets bought for less than the capital invested, it's not a success.
- st3v3r 10y agoIt's not a failure. And I'd say those who poured their effort into the company should be entitled to some part of the purchase price, more so than people who's only contribution was money.
- harryh 10y agoYou'd consider turning a $1000 investment into a company worth $500 a success? OK, sure. You can have whatever opinion you want, but you're gonna have a hard time finding other people who see the world the same way you do.
- icedchai 10y agoGenerally, if that happens, it got "bought" for less than was invested. That's a rather mediocre outcome.