Dec 24 2024 19 mins 137
In this episode (originally aired February 1, 2022), 37signals’ co-founders Jason Fried and David Heinemeier Hansson sit down with Shaun Hildner to discuss the consequences of building a business solely with the intention to sell. They share their perspective on building a business for the long haul versus for an exit.
Key Takeaways:
- 00:46 – Building a company to sell can encourage mediocre output
- 07:14 – Taking shortcuts is a reflection of one's character
- 09:41 – Why it's better to have a commitment strategy than an exit strategy
- 11:21 – Not all businesses should become unicorns
- 14:58 – What the founders would do if they had to begin again
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