> People saying “but it's a one-person business, I can't trust it in the long term" are wrong.
The problem is: people aren’t immortal. That one person could be dead tomorrow. So, you can’t trust any one person business in the long term, by definition.
Depends on what level of trust you need to have. Obviously you can’t even trust a multibillion-dollar public company like Google to keep maintaining a product forever, or even for a couple years.
On the other hand, someone selling a stable piece of desktop software doesn’t even require a tremendous amount of trust. Just the trust not to ship malware or massive security holes. Even if they fully retire and delete the source code, your software will keep working. That’s more than I can say for Google reader, or the Humane AI Pin.
I have business continuity plans. And my point still stands: in practice, within a 5-year time horizon, you are much more likely to see a VC-funded or corporate-owned service shut down, than see a sustainable single-founder business disappear.
When he dies, if not before, he or his family can sell the business. There's even websites/communities where you can post this kind of business for sale.
The problem is: people aren’t immortal. That one person could be dead tomorrow. So, you can’t trust any one person business in the long term, by definition.