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I had that essay in mind when I wrote that comment. I agree with Paul, to an extent. It certainly does make economic sense both for individual founders, and for angels, to view entrepreneurship as a ~3 year endeavour, with the exit strategy being acquisition or bust. I don't, however, think it's ideal for the market as a whole. Google is only around because Yahoo refused to give Larry and Sergey $1M for it, so they decided to see what they could make of the endeavour. Yet Google's impact on the tech world and marketplace has been staggering. What would have happened if eBay, Google, Paypal, Amazon, and Youtube had all sold to Microsoft?

I don't have a problem with people launching websites with the intention of selling them in a couple years, but I do dislike the notion that that is what constitutes successful entrepreneurship. The tech world needs its Googles and Facebooks, which means we need entrepreneurs with vision who are willing to stick with it for the long haul.




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