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#37370 - 04/30/24 02:40 AM
Re: Smartrise Alpa Lawsuits
[Re: ashley]
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Joined: Dec 2021
Posts: 44
Alex_ELMAN
Miami Elevator
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Miami Elevator
Joined: Dec 2021
Posts: 44
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Yeah, I get what you're saying, especially when it comes to family businesses. But for companies with three, four, or more shareholders, it's a whole different ball game. They all start from scratch, then go through about 8 to 10 years of hustling before hitting their peak. Smart move is usually to sell high and start fresh. But after that peak, things often get messy between the owners. That's when the company starts spiraling downhill, either crashing and burning or just shrinking away. Take Smartrise, for example. About 5 or 6 years back, they were killing it. But then internal conflicts cropped up, and one owner bailed while the others went their separate ways. Back then, Smartrise had the edge because there weren't many alternatives. But now, the competition's fierce.
This rollercoaster ride is pretty typical for small to mid-sized fast-growing companies. Sometimes, transitions are smooth, like when Smartrise spun off from MCE. But other times, like with Alpha, it's all lawsuits and chaos, which only drags both companies down even more.
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