this post was submitted on 08 Feb 2024
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I don't quite understand. Are you saying it's immoral to sell a business? Is it retiring that's immoral? I didn't say that everyone secretly anything, I just don't understand why the hate.
Look, there's no such thing as an ethical billionaire. I get that, and fully believe it. But I don't get why people think "selling out" is a thing when it's often basically short hand for "retiring and letting someone else make the money."
It's not immoral to sell a business but anybody who actually has or even founded one and has an intact moral compass would not sell in a way you described.
You have a responsibility for your customers and employees and you don't just throw it into the dumpster like that because money isn't everything.
You're kinda right but is there really a way to tell if someone who's buying your business is going to do good or bad (except when selling to M$)?