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I know that's a sentiment that's thrown around here, but I think it's simplistic. I live in Israel, where a very common path to an Exit is to build some sophis
by edanm 15y ago
I know that's a sentiment that's thrown around here, but I think it's simplistic.
I live in Israel, where a very common path to an Exit is to build some sophisticated technology, then sell it after a few years to a larger company. So it is a very possible path you can take. It has its own advantages and disadvantages over the much more visible, much more HN-friendly, "Consumer Internet Startup".
- bergie 15y agoThe exit and valuation models for these two approaches are also different. In the former, some company buys you because they want to use your technology in their own products, in the latter, some company buys you to get your customers/users.