I wonder how the staying power of successful SMBs compares to that of successful big companies. Huge % of Fortune 500 from 50yrs ago is gone
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But it's not all that uncommon for me to run into a restaurant, store, or some other company that has been family-run for generations
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Also curious how this will play out on the web. Are there indie hackers today whose grandkids will end up running their websites and apps?
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Replying to @csallen
I think more likely to "join the family business" in the sense of joining an author or acting family; foundation for creating own IP.
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I also think that most folks in our circles who run one logical business w/ continuity of control/ownership probably will not have one app.
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A software business conducted on the scale of years creates many assets. Some dry up, some are sold, some get reinvestment, etc.
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Similar to a family which runs properties; it's unlikely they still actually own first property 50 years down the line.
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They bought it because it was down the block, cheap, and on the market "right now", and none of those are constraints any longer for them.
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