Comradeship // Freechat

2295 readers

33 users here now

Talk about whatever, respecting the rules established by Lemmygrad. Failing to comply with the rules will grant you a few warnings, insisting on breaking them will grant you a beautiful shiny banwall.

A community for comrades to chat and talk about whatever doesn't fit other communities

founded 3 years ago

MODERATORS

felipeforte@lemmygrad.ml

Oh boy, I feel free (lemm.ee)

submitted 1 year ago by fakir@lemm.ee to c/comradeship@lemmygrad.ml

12 comments fedilink hide all child comments

Just finished a decade long expedition of starting my business, growing it with love & tears to an exit to a venture funded giant in the space, being on their leash for a few years, & getting laid off just this week. AMA why capitalism will self consume. And since I have some time now I can try to articulate what I think will replace it.

you are viewing a single comment's thread
view the rest of the comments

[–] ksynwa@lemmygrad.ml 5 points 1 year ago (1 children)

What does "exit" mean in this context?

[–] fakir@lemm.ee 3 points 1 year ago (1 children)

Acquired / sold business

[–] ksynwa@lemmygrad.ml 4 points 1 year ago (1 children)

Was that overall good/bad for you?

[–] fakir@lemm.ee 8 points 1 year ago (1 children)

I was at the lowest points in my life when I sold my business. I wanted an out, I got one, I consider myself lucky compared to the rest who didn't get an out. Sharks gonna shark & they've wronged me by laying me off. I'm not even mad, glad actually to be outta there & free to pursue what I think matters.

[–] ComradeSalad@lemmygrad.ml 4 points 1 year ago* (last edited 1 year ago) (1 children)

Was the exit package worth it? I have had one friend who sold their business to a massive firm for 300 million, and another who essentially got a commemorative pen and a 5 dollar bill. It seems to be a extremely fickle and a complete tossup.

[–] fakir@lemm.ee 3 points 1 year ago

I will just say it was somewhere between those two extremes, lol