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The real answer is a third of the way through the post: "First-time founders care most about their exit. Every time after that, you focus on legacy."

The author already had a successful exit, so they have their money. Now they want to make a difference.




I saw that he had an exit, but he also said his $6 million payout if he had sold Groove would have been "life-changing". That suggests his other exit netted him a bit less.

As far as making a difference, I think calculating that is pretty complicated. Elon Musk had two big exits before he did more fulfilling work with SpaceX and Tesla. Some people want to make that level of massive impact. If that's the case, it probably makes sense to sell, take the money and tick off another exit on your resume, and start your next journey. But if someone is happy with making a smaller difference (I know I certainly would be!), then this might be your big chance to, so selling would not be personally fulfilling at all, even if it is financially fulfilling. There's no guarantee you're ever going to make $6 million from your company, but there is also no guarantee you're ever going to start a company that allows you to have the kind of impact you're having.


The fact that the author already had an exit really stood out to me. Many early startup founders struggle just to pay rent.

While I hate the idea of selling early, there is the practical matter that a small exit allows for a lifetime of future startups. If Alex didn't already have money, I think the best answer would have been to sell. You only get one life.




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