‘... personal cash machine...’
well, DUH. That is why someone decides to start a business. Start it, build it up, and then around retirement time, sell it and hope to end up with a few mil (after taxes) in your retirement account. Then go sailing.
Too bad they don’t teach that in college.
‘... personal cash machine...’well, DUH. That is why someone decides to start a business. Start it, build it up, and then around retirement time, sell it and hope to end up with a few mil (after taxes) in your retirement account. Then go sailing.
Too bad they don’t teach that in college.
If you think that the principal reason somebody builds a business and goes public with it is simply so that he can sell billions of dollars worth of his stock to investors/suckers while the company's stock price (and hence public value) steadily declines over a period of years, your concept of capitalism is askew.