Built to Last vs. Built to Flip

by Jeff Bussgang
Seeing Both Sides -VC Perspectives From A Former Entrepreneur

"The "easy come, easy go" Web 2.0 start-ups may not be building real, sustained value and so vaporize under an acquirer as quickly as they appear, with "quick flip" entrepreneurs running off to do their next big thing. Meanwhile, the "built to last" entrepreneurs across a range of "long-term value creation" industries -- life sciences, medical devices, enterprise software to name a few -- are more likely to stick it through and help their acquirers see real value through continuous improvement."