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This is exactly what my current employer did. It's also the best job I've had in a 25 year career. Business is very stable and provides a nice life for the sm
by stcroixx 3y ago
This is exactly what my current employer did. It's also the best job I've had in a 25 year career. Business is very stable and provides a nice life for the small group that we are. No VC's harping at us to do more, more, more. We made a profit the first year and have every year since.
- creer 3y agoHow are the original investors getting paid? (That would be a useful part of the story, please)
- cj 3y agoProfitable companies can pay out annual or quarterly dividends to shareholders. That could even include employees.
- creer 3y agoYes they can. And "traditional investors" might be perfectly fine with dividends plus a solidly run company (i.e. valuable on its own). It's just unlikely to satisfy investors who were promised either a nice exit or a hockey stick.
- cj 3y ago> It's just unlikely to satisfy investors who were promised either a nice exit or a hockey stick. Agreed. In our case we offered to buy them out.