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I've pursued many acquisitions and I can tell you from experience that your assertion of "continue the fun of growing their own business" is pretty strong for a
by blantonl 16y ago
I've pursued many acquisitions and I can tell you from experience that your assertion of "continue the fun of growing their own business" is pretty strong for a lot of founders.
Contrary to popular belief, the exit from a startup isn't on the minds of a lot of innovative people.
[edit: spelling]
- slouch 16y agobut! sure, an early exit would be a tough decision if you already have FU money--but what about 6 billion dollars? you're talking about being unconditionally in love with what you are doing in this particular business to pass on 6 billy.
- blantonl 16y agoThere are a lot of founders that could care less about fu money. The fact they made it to "this" point validates their effort. It also emboldens them to keep going... Sometimes it is a suicide pact with themselves, and in rare other times it results in a huge breakthrough. Welcome to entrepreneurship ;)