I’ve been learning more about start-ups recently and have noticed a lot of them want to be acquired. Why is this? Could they also choose to grow their business?
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Because it’s quicker and easier to sell your business and walk away with (hopefully) a ton of money than it is to slowly build it up and eventually (hopefully) make some money. It’s a quick, immediate payout versus years of hard work to eventually get the same amount of money (or potentially more). This also means less risk and less financial burden cause the cost of doing business is no longer your problem.
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