*I* deas » To sell or not to

To sell or not to

Posted on 5th November 2006 by Taggy

My brother has come down from mumbai and last night we had a long chat with him about where my career can be safe.And he had a few nice points .To tell about him here it is His name is dhilly babu ,an iitb graduate and now manages his own firm called the BeansIntellect which does some risk modelling and Pricing methods for banks and financial institutions.He was the first from our family to go in for a non-govt job and my mother keeps worrying about he is goin to earn his pension:D,she stil regrets him leaving a railways job ;) .
He was speaking about how he plans to sell off his company after some years and then start with another idea. I didnt quite understand this.People who start off their own firm usuallyhave a lot of passion in t hat field and having grown a organsitation so long and thenjust selling it off for money .How does it happen.Is money the sole motive of all the work you have beein doin for years.
I see this everywhere Youtube sold out to google for 1.6Million$ ,Blogspot sold to google,Jotspot sold out to google. Why is it such a tempting thing to sell it off ?.If someone like google thinks its a great product why cant you just generate revenue out of this ? .Is it not feasible or u think google or some big company can do better things with your product ? .
Is it a act so that you could chase another idea thatspopping in to your mind.I do know these are some very creative people.But even if they want to chase another idea cant they just line up all these products under one name ?
This is the most seen trend ?.Why did sameer bhatia sell Hotmail to MS ,He could have made lotsa money with it too
may be someone can tell me the reason behind these i would love to know them !
taggy :)

Responses to.. To sell or not to

Vaibhav

posted on November 7th 2006

Its not always the case that the man heading a startup can be a good choice to head a well grown up company.Roles change for the needs change at various points of evolution .