How do we maintain the tools we build?

A side effect of having a plethora of cool web services built by VC-backed entrepreneurs is that they all need to find an exit.

In recent times, that’s meant that companies get acquired as opposed to IPOs.

Check out Fred Wilson’s blog post today on finding new exit strategies.

I think it’s a good point that these services tend to languish under the ownership of large companies. It would be cool to find a new way to maintain high levels of innovation and still give investors and entrepreneurs the incentives to keep building them.