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Why do the founders of companies stay with the company vs. selling it?

 
Bananafighter
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User ID: 73106219
United States
03/08/2019 07:02 AM

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Why do the founders of companies stay with the company vs. selling it?
It seems confusing to me.
Take Bill Gates for example, he started Microsoft when he was 19/20, a multimillionaire by age 23 and a billionaire by 31. Why stay with the company? Why not sell when you have a few hundred million and live comfortably for the rest of your life? I don't get it. How much money does one person need? I imagine at a certain point it has nothing to do with money and is simply about power.
Isn't the idea behind starting a company, inventing a product or in todays world, creating a website, to become so rich and make so much money that you can live comfortably for the rest of your life? To retire early and enjoy the world around you and no longer have the stress of a job?

I see all the billionaire people who just stay with their company so they can keep making billions. Why? It has to be about power.
Listen, I don't really care either way. It's their company and more power to them for growing it their way. I just question the motives behind it.
Free me

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03/08/2019 07:44 AM
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Re: Why do the founders of companies stay with the company vs. selling it?
People like to feel relevant that is all.
Anonymous Coward
User ID: 77437923
Germany
03/08/2019 07:51 AM
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Re: Why do the founders of companies stay with the company vs. selling it?
It seems confusing to me.
Take Bill Gates for example, he started Microsoft when he was 19/20, a multimillionaire by age 23 and a billionaire by 31. Why stay with the company? Why not sell when you have a few hundred million and live comfortably for the rest of your life? I don't get it. How much money does one person need? I imagine at a certain point it has nothing to do with money and is simply about power.
Isn't the idea behind starting a company, inventing a product or in todays world, creating a website, to become so rich and make so much money that you can live comfortably for the rest of your life? To retire early and enjoy the world around you and no longer have the stress of a job?

I see all the billionaire people who just stay with their company so they can keep making billions. Why? It has to be about power.
Listen, I don't really care either way. It's their company and more power to them for growing it their way. I just question the motives behind it.
 Quoting: Bananafighter


Who cares what kind of loser even thinks about this shit? fuck bill gates and FUCK MICROSOFT
Shore Skeptic

User ID: 76806122
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03/08/2019 07:54 AM

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Re: Why do the founders of companies stay with the company vs. selling it?
Do you mean "Why do the founders of LARGE companies stay with the company vs. selling it?"

Small business owners have pride in their business. Its something they build from the ground up. Some may want to pass it on to their children.

Gates on the other hand is power hungry.
Geraldgar

User ID: 2590977
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03/08/2019 08:00 AM

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Re: Why do the founders of companies stay with the company vs. selling it?
It seems confusing to me.
Take Bill Gates for example, he started Microsoft when he was 19/20, a multimillionaire by age 23 and a billionaire by 31. Why stay with the company? Why not sell when you have a few hundred million and live comfortably for the rest of your life? I don't get it. How much money does one person need? I imagine at a certain point it has nothing to do with money and is simply about power.
Isn't the idea behind starting a company, inventing a product or in todays world, creating a website, to become so rich and make so much money that you can live comfortably for the rest of your life? To retire early and enjoy the world around you and no longer have the stress of a job?

I see all the billionaire people who just stay with their company so they can keep making billions. Why? It has to be about power.
Listen, I don't really care either way. It's their company and more power to them for growing it their way. I just question the motives behind it.
 Quoting: Bananafighter


Who cares what kind of loser even thinks about this shit? fuck bill gates and FUCK MICROSOFT
 Quoting: Anonymous Coward 77437923


You can and should delete comments like this one... it adds nothing to your question.

As for your question I have thought about that myself. I have no idea what motivates people to earn that much.. it has to be about power and wanting to control everyone and everything. It is like being a modern king. I think this is why people joke about CEOs having small penises and stuff like that because it really does seem like they are compensating for something. After all the joke is on them anyway as we are all mortal and life will have a sundown for them as well and i can’t help but think some part of them will feel they wasted it and missed the point.
Anonymous Coward
User ID: 75470615
United States
03/08/2019 08:28 AM
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Re: Why do the founders of companies stay with the company vs. selling it?
It seems confusing to me.
Take Bill Gates for example, he started Microsoft when he was 19/20, a multimillionaire by age 23 and a billionaire by 31. Why stay with the company? Why not sell when you have a few hundred million and live comfortably for the rest of your life? I don't get it. How much money does one person need? I imagine at a certain point it has nothing to do with money and is simply about power.
Isn't the idea behind starting a company, inventing a product or in todays world, creating a website, to become so rich and make so much money that you can live comfortably for the rest of your life? To retire early and enjoy the world around you and no longer have the stress of a job?

I see all the billionaire people who just stay with their company so they can keep making billions. Why? It has to be about power.
Listen, I don't really care either way. It's their company and more power to them for growing it their way. I just question the motives behind it.
 Quoting: Bananafighter


Because they have ambition.
Anonymous Coward
User ID: 75470615
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03/08/2019 08:29 AM
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Re: Why do the founders of companies stay with the company vs. selling it?
Also, some people build businesses to run them.

Some people build businesses to change the world.

Some people build businesses to sell them.

There are different angles in life that can be played.
Anonymous Coward
User ID: 77325322
United Kingdom
03/08/2019 08:44 AM
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Re: Why do the founders of companies stay with the company vs. selling it?
Some are more emotional aka Hunan an see it as there child.
Judethz
Israel is Eternal

User ID: 75895360
United Kingdom
03/08/2019 08:47 AM

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Re: Why do the founders of companies stay with the company vs. selling it?
It seems confusing to me.
Take Bill Gates for example, he started Microsoft when he was 19/20, a multimillionaire by age 23 and a billionaire by 31. Why stay with the company? Why not sell when you have a few hundred million and live comfortably for the rest of your life? I don't get it. How much money does one person need? I imagine at a certain point it has nothing to do with money and is simply about power.
Isn't the idea behind starting a company, inventing a product or in todays world, creating a website, to become so rich and make so much money that you can live comfortably for the rest of your life? To retire early and enjoy the world around you and no longer have the stress of a job?

I see all the billionaire people who just stay with their company so they can keep making billions. Why? It has to be about power.
Listen, I don't really care either way. It's their company and more power to them for growing it their way. I just question the motives behind it.
 Quoting: Bananafighter


womanchild Would you sell your baby?
SaveUSa

User ID: 76789673
United States
03/08/2019 08:50 AM

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Re: Why do the founders of companies stay with the company vs. selling it?
Many times, the value of a successful company is mostly tied to its founders. They must stay as a part of the agreement, or it doesn’t sell.
Within the surreal depths of "reality" lies the truth.
Bananafighter  (OP)

User ID: 73106219
United States
03/08/2019 08:56 AM

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Re: Why do the founders of companies stay with the company vs. selling it?
It seems confusing to me.
Take Bill Gates for example, he started Microsoft when he was 19/20, a multimillionaire by age 23 and a billionaire by 31. Why stay with the company? Why not sell when you have a few hundred million and live comfortably for the rest of your life? I don't get it. How much money does one person need? I imagine at a certain point it has nothing to do with money and is simply about power.
Isn't the idea behind starting a company, inventing a product or in todays world, creating a website, to become so rich and make so much money that you can live comfortably for the rest of your life? To retire early and enjoy the world around you and no longer have the stress of a job?

I see all the billionaire people who just stay with their company so they can keep making billions. Why? It has to be about power.
Listen, I don't really care either way. It's their company and more power to them for growing it their way. I just question the motives behind it.
 Quoting: Bananafighter


Who cares what kind of loser even thinks about this shit? fuck bill gates and FUCK MICROSOFT
 Quoting: Anonymous Coward 77437923


You can and should delete comments like this one... it adds nothing to your question.

As for your question I have thought about that myself. I have no idea what motivates people to earn that much.. it has to be about power and wanting to control everyone and everything. It is like being a modern king. I think this is why people joke about CEOs having small penises and stuff like that because it really does seem like they are compensating for something. After all the joke is on them anyway as we are all mortal and life will have a sundown for them as well and i can’t help but think some part of them will feel they wasted it and missed the point.
 Quoting: Geraldgar


I don't delete comments because I don't like them but I understand what your point is.
To your statement, I do agree. I think these CEO's want as much power as possible. Look at Bloomberg. Billions, politician and trying to use his money to impart socialism.
Ostria1

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Greece
03/08/2019 08:56 AM

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Re: Why do the founders of companies stay with the company vs. selling it?
It got big because you invested yourself in it, then the company is your life.
Ostria
Bananafighter  (OP)

User ID: 73106219
United States
03/08/2019 08:59 AM

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Re: Why do the founders of companies stay with the company vs. selling it?
Do you mean "Why do the founders of LARGE companies stay with the company vs. selling it?"

Small business owners have pride in their business. Its something they build from the ground up. Some may want to pass it on to their children.

Gates on the other hand is power hungry.
 Quoting: Shore Skeptic


What's interesting is that every company started off as a small business. Whether a family business or not. It's when the business grows beyond that. When it becomes a mega corporation and the founders become multi millionaires or billionaires. Why then would you stay? You've achieved your goal. You became so successful that you can retire and enjoy life and the world. The only reason to stay (as I see it) is to gain so much power that you can try to change the world. For better or worse.