So, you're saying that people are, in effect, building lottery tickets when they create start-ups? Is no one interested in building businesses anymore?
This how it works with VC funded companies, you either need to sell them or go public. The VCs need to get a return on their investment. Since there are only 1,000 companies or so going public per year, selling to another company is your best bet. And if you do that you might as well do so for the best possible price. I don't think this is bad per se.
