Chapter 244: A Million Dollar Prize

It was not easy to be an entrepreneur. Based on research data, the failure rate of new entrepreneurs in the technology and internet sectors had exceeded 90%. Of the remaining few that had succeeded, the success that they yearned for with all their hearts was not to expand their company into a big business or to create large revenues. They hoped to be acquired by a big corporation so that they could achieve financial freedom. It was because they were short-sighted. Rather, to be acquired was the smart and best choice that they could make.

This was especially true for start-ups in the internet sector. Your ideas could easily be regulated or suppressed and your products easily plagiarized. Your company would not have the same financial capabilities as other larger corporations. Once the bigger companies entered the market, it would immediately be a feast for them. Your market share would all be snatched away by the big corporations in a short time.