Timeline for Why would any owner sell their company to Warren Buffett / Berkshire Hathaway?
Current License: CC BY-SA 4.0
5 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Sep 17, 2020 at 12:29 | comment | added | chepner | Existing management usually does not have to commit to staying indefinitely. Six months to a year seems a common period before checking out. | |
| Sep 17, 2020 at 12:28 | comment | added | chepner | Even if you enjoy working, you might want to work on something else. The excitement for you may have been starting a new company from scratch. Once it is (mostly) stable, you sell out (no negative connotation intended) to someone else to manage, and move on to a new idea. | |
| Aug 20, 2018 at 10:45 | comment | added | Pete B. | Down vote. When BH purchased a privately owned business, they did so leaving existing management in place. No time to rest on the beach. | |
| Aug 19, 2018 at 17:10 | comment | added | jamesqf | Because he enjoys it? Personally, I can handle a week (maybe two if there's good surfing or snorkling), laying around on a beach before the boredom gets to me. | |
| Aug 19, 2018 at 12:51 | history | answered | gnasher729 | CC BY-SA 4.0 |