Hacker News new | ask | show | jobs
by ajsharp 2869 days ago
I'm confused by the idea that this is bad in some way. The point of business is to make money. For startups in particular, the entire commercial goal can roughly be broken down into one of three things:

1. Build a lasting private business (Mailchimp) 2. Go public (Facebook) 3. Get acquired (Instagram)

Obviously, I'm ball-parking here, but 99% of startups with "successful" outcomes happen via acquisition. For the vast majority of most startups, acquisition is the only viable outcome other than failure.

2 comments

Point is, don't go around promising that you are in it for the long haul when you can't/won't made good on it.
The problem is with startups which are, from day one, meant as #3, but they advertise themselves as #1.