← Back to context

Comment by telltruth

8 years ago

The problem is that virtually all startup wants an exit. They have employees sitting on stock options for years while forgoing their market rate. They have investors wanting 10X return. This would work out for insanely profitable businesses like Google but for the rest they have built huge expectations on business models tha t are unworkable so buyout by a sucker is the only viable outcome for them. Coincidentally Microsoft has recently decided to become that sucker with LinkedIn and now GitHub.