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Who is a founder necessarily hurting when they sell their company to a PE firm? What I'm hearing you say is that once a founder starts a business and hires a s
by leesalminen 8y ago
Who is a founder necessarily hurting when they sell their company to a PE firm?
What I'm hearing you say is that once a founder starts a business and hires a single employee they must operate that company until death. That seems like a ridiculous position to me and perhaps you're missing some fundamental knowledge on life. If that were somehow codified to law, I would've never started a business.
- jakelazaroff 8y agoSurely there's a lot of middle ground between "it's wrong to sell your company to a PE firm that will suck out all its money" and "once you hire a single employee you must operate that company until death".
- andrekandre 7y agoone could also sell their company to the employees[1]; there are many alternatives that doesn’t involve “liquidation” and “selling out”. [1] http://www.americanbusinessmag.com/2012/03/selling-your-business-to-employees/ http://www.americanbusinessmag.com/2012/03/selling-your-busi...