@okie,
Your reading ability is alarmingly poor.
Where did I say that I was buying such things? Where did I say I was interested in such things? Where did I say that the businesses were sold at a loss?
Founding businesses has become a game. LEt me give you the simplest scheme. There is a man who lives in central Massachusetts who has an eye for good locations and who heads a company that makes terrible doughnuts.
He buys locations and sets up a doughnut shop in a place where there is both great foot and great car traffic. You do know that traffic is a prerequisite for such a business, don't you? Anyway, he seldom runs one of his shops for a year, so, it doesn't matter that his doughnuts are terrible. Dunkin' Donuts regularly buys him out. He makes a handsome profit. You do know that there is something called goodwill that is part of the final balance sheet that adds to the sale price, n'est-ce pas?
My former husband, who has a doctorate in chemistry but who hated teaching and was denied tenure, worked as scientific backing for sales teams, then became director of marketing for a series of companies. He continually ran into start-ups that were started simply to sell the company to a larger firm, particularly one with a defense contract. Often, these start ups were given grants by the Commonwealth of Massachusetts as well as several foreign countries, most notably Ireland.
There was no loss at all.
Furthermore, these people were not liberals . . . this is not liberal behavior.
