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When the founders exit with a pile of cash, a little part of the soul of the company dies. It’s understandable that they would rather secure their family more,
by sshine 3y ago
When the founders exit with a pile of cash, a little part of the soul of the company dies.
It’s understandable that they would rather secure their family more, and switch to a new adventure.
I look at those Japanese family run businesses who have made baozi on the same street corner for hundreds of years.
Fortunately, a lot of the world’s small businesses are run by people who stick around and don’t sell out.
- fnikacevic 3y agoIf any of the world's small business were offered millions of dollars in secondaries they would secure their families too.