What is “nihilistic” about it? Why do you think investors invest in a company? Why do you think founders create companies? Most tech companies don’t desire to be “lifestyle companies” where they just want to make enough of a profit to support themselves. Most are looking for an “exit” which is statistically going to be an acquisition.
For instance, out of all the companies that YC has invested in, less than a dozen have gone public.
And once you either accept outside funding, you are immediately at the mercy of the investors whose only goal is to make a profit.
And honestly what Drucker thinks is irrelevant. What’s relevant is what the owners of the companies want - either public or private companies.
What do you think the pension funds and mutual funds want when they own stock in a company? What do you want from your retirement accounts?
For instance, out of all the companies that YC has invested in, less than a dozen have gone public.
And once you either accept outside funding, you are immediately at the mercy of the investors whose only goal is to make a profit.
And honestly what Drucker thinks is irrelevant. What’s relevant is what the owners of the companies want - either public or private companies.
What do you think the pension funds and mutual funds want when they own stock in a company? What do you want from your retirement accounts?