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by rsweeney21
2650 days ago
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If you are profitable, there are a truckload of people that will want to buy you. Private equity, other companies, holding companies. Look at it this way - say I'm super wealthy and I have $100M sitting in my bank account. It earns a tiny interest rate at the bank. Where can I put it to work for me so that it's growing? One option is to buy a company for $100M. For $100M I can buy a company that produces $10M/year in profit (roughly speaking). Now I'm earning a 10% annual return on my investment. I might even be able to grow the company, so when I sell it 5 years later, I sell it for $200M. So I've taken my $100M and turned it in to $250M. That's the great thing about profitable companies. There is almost always a buyer. |
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