Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

There isn't a return for shareholders if the valuations are lower. The problem is not management holding the business hostage today, the problem was investing at unsustainable multiples a few years ago.

Now the only options are to either cash out at a lower valuation and not make any money, or wait and hope the business grows to the point where you can get a higher total valuation despite the lower multiple and see a return on your capital.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: