No good venture investors invest in companies with the primary strategy being to flip them. This isn’t because they are altruistic – it is because it is a bad strategy. You are much better off investing in companies that have a good chance to build a big business. This creates many more options including the option to sell the company. Acquisitions depend heavily on the whims of acquirers and no good venture investors bet on that.
—Is it a tech bubble? - Chris Dixon (via bijan)
(via bijan)
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paisleypattern likes this
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david likes this
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taylordavidson likes this
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viktorbezic likes this
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dwellman said:
Most investors ask right out of the gate, “who would buy this.” and refer to companies that don’t plan on a flip as a “lifestyle business” with a hiss and a snarl.
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vitter likes this
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gbattle said:
Yup. Acquisitions require too much market timing. Timing the market is nearly impossible.
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bernyviray likes this
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antoniorus said:
Yet many well known investors explicitly ask founders who might want to buy the company
