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by zoltar92
4554 days ago
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It's ironic... Doesn't it seem businesses you build with the goal of an exit turn into lifestyle businesses-- while the ones that you build as a lifestyle business tend to be the ones you get the most offers for.
I guess it goes back to the YC teachings of "Build something people want".
I think therefore you need to strive and be happy for your company to be a lifestyle business, even if your ultimate goal is an exit- or else you'll never have the passion to actually turn it into something worth exiting.
I chose option 3 because I think every business is therefore a bit of both. Because conversely, even a business which someone builds as a lifestyle-- will eventually exit if the "price is right". For anyone that's going to claim snapchat as an example of this not being true-- I'd argue they're waiting for a higher valuation or to monetize and then go public-- both exit strategies |
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