goodguy |
My own Pacific Trash Vortex
Grey Lynn, Auckland, New Zealand |
Well done to the Charlie’s investors, but why do we never build then KEEP these sort of businesses? Our success stories get to a medium point then sell on to large scale offshore organisations, without ever pushing on to be the large scale operation themselves. Capital depth is possibly one of the answers (divorcing management from ownership and “fracturing” that ownership across a diverse shareholder base removes on-sell of the whole business as the primary exit strategies I suppose) but it seems to be a mindset thing too…