Why doesn't anyone want to build companies anymore?

BY Doug Breaker

May 10, 2012

It seems that today, the light at the end of the startup tunnel is either (1) being acquired or (2) a billion-dollar IPO. Let’s just throw out the IPO - it’s incredibly rare.

This means that many startups are created with an explicit goal to not exist in five-or-so years. Does anyone see something wrong with this?

No one talks about starting a company that becomes an extension of yourself. Warren Buffet and Berkshire Hathaway. Apple and Steve Jobs. Starbucks and Howard Schultz. Amazon and Jeff Bezos.

Why?