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He’s pretty honest about that in the article, anyone can do it; he wants them to; and he’s spending his personal time trying to convince others to. The reinves
by rubyfan 9y ago
He’s pretty honest about that in the article, anyone can do it; he wants them to; and he’s spending his personal time trying to convince others to.
The reinvestment is for something better than a juiced up valuation. He’s likely parlaying his profit into more inventory or scaling the team that he will profit from. Reinvestment isn’t always about selling the company.
- zaroth 9y agoAgree the large reinvestment is necessary for any growing business. But if you want that equity to be worth much there has to be something there to buy.