On: Rules for startups

[sabat]

This sounds more like religion/zealotry than it does startup advice. Just because you have a good business idea doesn't mean you have to commit to it for life. Nothing wrong with having an exit strategy in mind. It may be years before you see it, and that does have to be OK.

But if Cuban is so gung-ho, why isn't he still at his startup?

[netcan → sabat]

He didn't exactly say don't sell. He said don't plan to.

[colinplamondon → sabat]

Billions of dollars free and clear, you'd have to be an idiot to turn down the deal he got from Yahoo.

[steveplace → colinplamondon]

Pretty sure it wasn't free and clear... he got YHOO stock out of it. But he was smart by hedging against downside using stock option synthetics.