I don't think there's anything greatly wrong with the "build to flip" methodology - the right people to run a company long term are not necessarily the right on

I don't think there's anything greatly wrong with the "build to flip" methodology - the right people to run a company long term are not necessarily the right ones to come up with brazen new ideas and start from scratch. Not to say that I'm really fond of VC style funding however. I have seen VC's destroy perfectly good companies that could have otherwise sustain themselves by insisting they go for broke with huge growth rather than just concentrating on a profitable niche with moderate growth.