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by elevation
166 days ago
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You don't have to be communist, you just have to be selective about the capitalists you engage with. An business mentor of mine bootstrapped a highly profitable enterprise software company, growing it to 400 employees. When it was time to sell/retire, he vetted buyers not just for the money they could offer, but for the impact they would have on his team and community. He accepted an offer from a conservatively-run competitor and proudly told me that 5 years later, 90% of the original staff were still happily employed with the new owner. These arrangements are simply not an option if you're beholden to VC, or entertain offers from Private Equity. You cannot preserve what you do not own. |
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