Why do some start-ups and/or companies want to be acquired as part of their exit strategy?

Question

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?

In: Other

Answer 1

5x your annual average is what a good company will sell for.

And many people see businesses as a way to create a product (the business itself) for the sole purpose of selling it, not nurture and build.