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"(I was surprised at how liquid the market for this stuff was.)" I'm fairly surprised by this too. Why do you think that market is so liquid? I will note that
by edanm 11y ago
"(I was surprised at how liquid the market for this stuff was.)"
I'm fairly surprised by this too. Why do you think that market is so liquid?
I will note that in Software, Entrepreneurship == Innovation in many people's minds (i.e. a startup inventing something new).
In non-software entrepreneurship, buying an existing business and running it is considered a very common path to becoming a business owner. As is starting a copy of other existing businesses (e.g. another restaurant), or even flat-out extending an existing business (e.g. the amazingly successful business innovation of "franchising).
- tptacek 11y agoI don't know. I personally feel like it shouldn't be as liquid as it is; it seems like an extraordinarily risky way to earn a return that is, after expenses including time, not that much better than what you might get aggressively investing in the market.
- kasey_junk 11y agoI'm shocked by both the liquidity and the valuation (in that it is more liquid and higher than I would expect). Further, the income generated from BCC is extremely seasonal and its not anti-seasonal with other education based markets. All in all, I'm as interested (if not more so) in hearing from the purchasers as I am from Patrick.