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by throwaway55671
840 days ago
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Perhaps the founders want to remain there and grow, perhaps they want to focus on something else or retire. Perhaps the plan always was to sell after X years - I don't see anything wrong about that, still better to innovate&sell than just buy stock&sell IMHO. You can't attract investors if they can't sell in case the investment is successful. This is severely limiting and a terrible situation to be in - especially if you already have investors, who might demand their money back from you - way before your profits could cover it. And the worst thing that might happen - you design a startup to be acquired by Microsoft/Apple/Google and then EU comes and says no. WTF? |
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Also, this isn't the EU saying "no" at the moment, but looking into it, as it does with many things.