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If you cash out early, as many vc would like you to be able to do, startups are definitively the goal. Unfortunately this is a quite established path for many s
by camillomiller 13y ago
If you cash out early, as many vc would like you to be able to do, startups are definitively the goal.
Unfortunately this is a quite established path for many successful startups and the VC system is naturally inclined towards this scenario. That's not bad per se, but it's certainly not the way to be innovative on the long term -- do something cool enough to be gobbled up by a bigger fish.
- edanm 13y agoVC's generally hate when people "cash out" early. Most VC's only make a decent return when at least one of their companies has a large (>$100m) exit. So VC's will generally be pushing their companies not to exit early, and to try riskier tactics to grow more.
- davidw 13y agoSometimes having your own cash to spend as you want lets you do something bigger and better. There would be no YC without Yahoo and Viaweb.
- k__ 13y agoWell, some people don't want to do something big. They want to do their own thing and sell it when it starts getting to big for their taste :)