And what I meant was: if you're feeling like you don't want the business anymore. Hiring people vs selling. And I'm not referring about my company. Just a general question.
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One question I'm wondering, and want to know twitter's thoughts: why ever sell your company? If it's growing, even mildly, why not just install great managers and bounce? I used to think selling was the goal. But what's the pros and cons of having your co last forever vs selling?
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For the record: I'm not referring to my company, or any company. Just thinking out loud!
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Bringing liquidity forward
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To make bank. I guess.
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Risk is major part, the company doing well in a good economy is 1 thing, but will it still be doing well in a bad one? The $ now is one thing, the peace of mind is another. Also, maybe selling the company now affords you the $ to work on your next big project or goal
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It boils down to the Q: why did you start the business? Did you observe a gap in the market & create a company to fill that need OR did you have a passion for something and build a business around that passion? The latter will probably want to stay involved longer than the former
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People sell their business when they think the value received is greater than the value to them. Big companies struggle with nimble innovation - so they let others do that and pick off (gladly pay a premium) for the winners. Selling shifts future risk to someone else. But ...
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