Consider the same story, but the ending is "The company was squeaking out a $1M/year profit, but a buyout offer came for $240M and the investors took it so they

Consider the same story, but the ending is "The company was squeaking out a $1M/year profit, but a buyout offer came for $240M and the investors took it so they could cash out." As an individual, if I could make a business with consistent $200k-$500k/year profit (as the sole shareholder), that'd be great for me. It'd be better than being an employee. But that would totally be an unsuitable business for VC.