big exits are not for the common people

August 16th, 2012 Comments Off on big exits are not for the common people

 

This article made me think, that as a young entrepreneur, one has to realize that the big exits that are presented as success, actually require a very specific state of mind, which most of normal people would never submit themselves to.

Yes, if you are a startup entrepreneur and you hope for a billion dollar exit, chances are it’s not going to be smooth like Instagram’s, but convoluted like Facebook‘s, and you’ll have to piss off and disappoint a lot of people on the way.

Was the Social Media Tech IPO Boom a Big Scam?

Was the Social Media Tech IPO Boom a Big Scam? Billion-dollar cash-outs at Facebook, Zynga and Groupon. Abysmal stock performance. Tweet Jake Rajs / Getty Images Over the last year-and-a-half, several of the most prominent social media companies in the country have sold shares to investors in high-profile initial public offerings.

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via: business.time.com

Are you sure you want to do it? I’m not.

 

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