When the facts change, I change my mind. What do you do? -- John Maynard Keynes

Monday, June 9, 2014

The No Exit Business Model

A No Exit Strategy definitely makes sense in today's environment:

Growth for Growth's Sake Leads to Nowhere » blog.easydns.org: ".... No Exit Investing / No Exit Businesses ... exits make no sense to me. Especially in this climate. I've received numerous overtures to sell easyDNS over the years, including a few standing offers but I don't see the point in taking any deal that's come along so far. Never mind that "growth is hard". Eating a super-sized thick crust pizza in a few bites (called Series A, Series B and Series C) would be. What is harder is to build a successful company. By this I mean a company that is self-sustaining, maybe a few off years here and there but for the most part healthy and profitable. It's also hard to build a brand. So at the prospect of selling off a successful company and a brand for a pile of money, the big question I can never answer is Then What? With interest rates at Zero for the foreseeable future, thanks to worldwide government interventionism and central bank incompetence, all asset classes are malignantly distorted beyond recognition. What the hell is one supposed to do with the proverbial briefcase full-o-cash? You'll hand 25% to 40% of it over to the government, and what's left then carries a near negative yield because that same government has a "targeted inflation" policy." (read more at link above)


The Big Picture

Financial Crisis - The Telegraph

JohnTheCrowd.com | The Sailing Website

Craig Newmark - craigconnects