An awful lot of entrepreneurs these days are jonesing to be acquired, rather than going public. They don't want to build the next Apple or Google. They want to build next .
A new Tumblr is making the rounds this week. It's called "" and it consists entirely of the announcements start-ups post when they get bought.
"People don't really see [going public] as a badge of honor anymore," Jai Shekhawat recently. "It's a hassle."
The hassle of going public includes lots of paperwork and compliance issues. And, more importantly, it can make a company beholden to investors who demand high profits right now, sometimes at the expense of long-term growth.
But the CEO of Zillow, Spencer Rascoff says really ambitious entrepreneurs are going to go public at some point 鈥� even if they say they aren't interested.
"It's the guy that ... says, 'Oh, I never wanna get married,' even though he intends to and wants to and eventually does," Rascoff says.
Still, if Facebook shows up one day and offers $1 billion for your photo-sharing company, it's tough to say no, no matter how ambitious you are.
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