4 ms·
It's also rational not to sell. Why not value a nice sustainable business over selling out? I understand that many of us would sell, I would probably sell too.
by npteljes 3y ago
It's also rational not to sell. Why not value a nice sustainable business over selling out?
I understand that many of us would sell, I would probably sell too. But different people do exist. Valve didn't sell, for example, and I'm sure they were approached many times.
- amrocha 3y agoYeah they definitely do exist, but it's the exception. That's why everybody knows about valve and epic. However, if Gabe's family had urgently needed money back in the day, would he have sold? Maybe. That's what I'm getting at. You need to be in a very stable position to be able to turn down a big offer like that when it comes, and in general in our society we're always one or two emergencies away from being destitute on the streets. Until we make sure people are taken care of, these companies will keep being the exception.
- npteljes 3y agoI don't know about how rare it is, because rejected offers don't make the news. We either talk about the successful selling stories, or the major holdouts. I don't think this paints a full picture. Besides, my point is that there are multiple options, all of them rational. There is no single rational choice.