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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. ------------------------------------------------------------------ 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. |
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