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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The same reason that you might make paintings with the goal of selling them instead of amassing a huge art collection.
When you start a business, you own it. If you can sell it for a lot of money, you get an easy out and a lot of money, and then you don’t have to care what happens to the business after that.
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