petenixey
Joined 19 years ago
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Comment · 3 years ago
Straight into my top 10 favourite HN comments of all time
Comment · 4 years ago
I’m not sure this answer is as true as you imagine. You extract money via a sale to then invest it and create a revenue stream. Which you potentially already have in the original business. It’s just it was invested in your business v someone else’s.
The question of whether to sell it is a function of how much money you need in a lump sum, how precarious or stable your business is and how much cash it’s throwing off. And of course of diversification.
It’s not defacto true that you need to sell it to realise its value though
Comment · 4 years ago
Agreed - not least recruiting Matz which I thought was a huge coup
Founder of intentional.io - Manage Time not Tasks
Former founder of http://copyin.com - Email for Teams Former founder and former CEO of Clickpass (YCs2007) acquired by Yola.com.
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