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(Taking the article at face value for the sake of argument.) I have to imagine there's going to be a smarter way to finance and manage companies that don't hav
by jeffdavis 9y ago
(Taking the article at face value for the sake of argument.)
I have to imagine there's going to be a smarter way to finance and manage companies that don't have huge growth prospects. Sure, creative destruction and all that, but isn't there some size at which a bookstore works profitably?
So figure out that size, which is maybe smaller but still a chain, and get organized around that concept. Is that unrealistic somehow? Does it really need to be financed in public markets?