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The head line is clickbait. The interviewee makes a case for early exits as a win-win for larger companies and startups. But he doesn't even come close to imply
by thisisit 9y ago
The head line is clickbait. The interviewee makes a case for early exits as a win-win for larger companies and startups. But he doesn't even come close to implying the head line. He does compare it to winning a lottery -
"The other strategy is to try and be a unicorn. To raise enormous amounts of capital and build the next Apple, Microsoft or Amazon. There’s nothing wrong with that. If that’s what you want to do and if you can find investors to finance it, that’s a perfectly legitimate strategy. But the chances of success are about the same as winning the lottery. It is a black swan event."
The whole interview is also an ad for his company - "Early Exits" which helps people sell their startups in $50-100 million range. Is there a market for such companies?