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I'm always suspicious of founders that want an exit. Am I really to believe they think they're doing their life's work and trying to save the world if they want
by pgroves 16y ago
I'm always suspicious of founders that want an exit. Am I really to believe they think they're doing their life's work and trying to save the world if they want to be done with it in a few years? Do they really think of it as their baby if they'd happily sell it and never see it again?
If I was a V.C., I would dismiss any founder that answered the "what is your exit strategy?" question with anything other than a middle finger. A good V.C. would see it as the V.C.'s job to convince the founder to sell at the right time.
- keiferski 16y agoThat's not very fair. Unless you're fortunate enough to be working on your most passionate, most world-changing idea right now, I don't see the problem with taking an exit. Many people have passions outside of their company, so what's wrong with taking the money and using it to fund another project?
- spiralganglion 16y agoI don't think the problem is the action of selling and starting anew. I think the problem is double-talk. Either treat your startup like it's your life's work and see it through for as long as it takes, or treat it like a big project that you're happy to turn over when something better comes along. But keep the attitudes distinct.