But I think that is the point of this article. What you state is a valid way to handle things. 4-5 years in, you have a profitable company that needs grown ou

But I think that is the point of this article. What you state is a valid way to handle things. 4-5 years in, you have a profitable company that needs grown out from 70mph to 90mph. But the trend is currently to start thinking about handing the company over when it still has training wheels on, way before it has hit 70mph. The point that resonates with me is that people are so fixated on the hand-off that they fail to really make a (sustainable) company. People ought to go into a venture thinking: I'm going to make a great company, and if at some point I decide to sell it/hand over management, I'll have that option. Instead, from day 1 they are obsessed with getting out. I think the article is too strong in saying 'everyone' does this, and I don't think it is the case that 'no one' should do that, but I think that businesses would be better off in general if that plan were the exception rather than the rule that it is becoming.