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by orasis 1054 days ago
I wouldn’t call it a “great” business strategy if your shelf life is limited.

We have a finite amount of life energy to put into our businesses and I’d prefer to give it to something that can generate an annuity.

3 comments

I mean, the fact that this guy was making $7.2MM a year in revenue from his software seems relevant.

Quantity has a quality all its own.

Financial technology has you covered: spend your finite life energy providing the feature until the bigco implements it themselves, then buy an annuity with the profits you made in the meantime.
Almost all businesses have a limited shelf life and/or a business cycle of growth and decline. The scale is just different.

Does Exxon stop drilling for oil just because it won’t be possible someday?