[JohnFen]

> I never wanted a startup that burned money just to get acquired. I wanted one that could make me real money from the very beginning.

I agree!

Although many years back my preferred business model became developing a business so that I can sell it whole-hog to somebody else, that has never meant that I was OK with burning money (or even using other people's money in the first place).

Coming from a place of poverty is probably why I am extremely reluctant to actually go into debt for a business. My preferred method is to live lean and bootstrap up.

Before I consider selling a business, I want it to be a real, profitable business that is standing on its own. If it's not that, then I don't have anything to sell.