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jps jps is offline
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First recorded activity by BoatBanter: Jul 2006
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Default Greedy Restructuring Asshole (long)

On Wed, 5 Dec 2012 20:56:04 -0500, "Eisboch" wrote:



"jps" wrote in message
.. .


We see the world in a very similar way. I've built my company in the
same fashion but the dollar value of our product isn't as high, as
we're in corporate instead of defense.

No loans, very little money invested outside of the prinicipals, all
profits plunged back into R&D. I hope to experience a similar day to
yours, before I keel over or move into an old folks home.

Love reading your story, thanks for sharing.

One difference I'll point out between venture vs. vulture. Venture
capitalists are more interested in making successes of their bets,
vultures don't care where the profits come from, even if it's the
company pension plan or burying the company in debt, the cash from
which is paid out to the vulture capital firm.

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One thing I always believed (at the risk of it sounding like Mitt
Romney).

Treat the company as if it's a person. Guide it, nurture it, grow it,
protect it.
If you take care of the company, the company will take care of you and
it's employees.
The "company" becomes the personification of all the people within it,
and they will prosper as the company does.

As for venture versus vultu

Venture Capitalists are the good guys when the company is growing and
needs financing.
Vulture Capitalists are the same guys when things turn to ****.


Not sure about that. Negative capitalism is a pursuit. There are
plenty of guys out there looking to acquire companies whose assets are
worth more than their market value. They're experts at dismantling
companies in order to sell their parts.

I assume every once in a while they come across something worth
saving.