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Sam (crazy candle person) ✦
@samantha
What are the differences between scaling a small business vs. scaling a VC funded business?
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Kyle Tut
@kyletut
Growth and exit options. Since growth is covered elsewhere in this thread, I'll focus on exit. You could sell your small business for $1 million dollars to someone who values it either for the product, brand, or cash flow. That theoretical amount may or may not be worth it to you. You could simply shut it down because it's not worth it anymore. Or, you can just grind at it for decades, slowly building towards something. For Pinata, my mandate is to generate a successful return to our investors in a relatively short amount of time. To do so, high growth is necessary and if I can't achieve that it drastically scopes down my options for exit.
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Ben - [C/x]
@benersing
The clarity around your mandate as a venture backed business is refreshing. Too many people don’t understand that VC is a tool for a very specific job, and that misunderstanding leads to frustration all around.
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