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What is strangely bizarre it is generally the same crowd who is hyper-critical of MBA types who make decisions based purely on numbers in an attempt to maximize
by will_brown 11y ago
What is strangely bizarre it is generally the same crowd who is hyper-critical of MBA types who make decisions based purely on numbers in an attempt to maximize revenue/profit at the expensive of non-tangibles that while not reflected in P&L statements are nevertheless very real.
You may be right, it may be jealousy to critique such a thing when many of those critiquing likely have never: 1. taken an idea and turned it into a viable commercial product; 2. maintained a company in the black for multiple years; or 3. sold an entire company they created from scratch. Then again when one has never done any of the three of those things and they are just seeing dollars (as you say it is magic to them anyway), it is probably very difficult to understand the inherent value in the actual experience of doing any one of those things. In the single comment I saw Patio11 write in this thread, it was very clear he gained knowledge/experience taking part in this exit and moving forward I doubt he is ever going to look back and think to himself, "gee I really made a mistake by selling BCC b/c of the opportunity cost", if anything on his future exit he will probably be thinking "this is such a larger deal by orders of magnitude, yet it is going much smoother, I am glad I have been here before."