Favcy VB: What Legacy Businesses Teach Startups About Endurance
- Dhwanika Aggarwal
- Aug 22
- 2 min read

In today’s startup world, success is often measured by valuation, funding rounds, and quick exits. Yet, the most enduring lessons in business come from an older playbook: family and legacy businesses. These enterprises, built over generations, have not only survived but thrived through wars, recessions, and technological revolutions. At Favcy VB, we believe that the resilience of legacy firms holds valuable insights for venture-built startups of tomorrow.
The Power of Legacy: Stories from Around the World
Walmart, founded by Sam Walton in 1962, remains the world’s largest retailer. In fiscal 2024, it reported revenues of $648 billion, and in Q2 2025 alone, it grew sales by 4.8% to $177.4 billion, driven by a 25% surge in e-commerce. What began as a family-led operation continues to reflect Walton’s values of frugality and customer-first focus—values that shape Walmart’s strategy even six decades later.
French luxury house Hermès offers a contrasting but equally powerful story. Established in 1837 by Thierry Hermès, the company is still steered by sixth-generation family members. In 2024, Hermès posted €15.2 billion in revenue and an industry-leading 40% operating margin. Its longevity lies in patience, craftsmanship, and uncompromising exclusivity—an approach that has outlasted countless trends.
Closer to home, Tata Group, founded in 1868, is a pillar of India’s economy. In FY 2024–25, it generated ₹15.34 lakh crore (~$180 billion) in revenue and ₹1.13 lakh crore in profit, while tripling its market cap in five years. From Tata Steel to TCS, the group’s strength lies in balancing diversification with ethical stewardship—a model of continuity rarely matched in the corporate world.
What Startups Can Learn
Across industries, legacy companies share three traits:
Long-term mindset – Building for decades, not quarters.
Values-driven culture – Strong founding principles that guide decisions.
Patient capital – A focus on sustainability over speed.
This is precisely where Favcy VB (Venture Builder) draws inspiration. While Favcy works with emerging founders rather than dynastic heirs, its approach mirrors legacy thinking: creating ventures that are not only investor-ready but also future-proof. By providing shared infrastructure, strategic guidance, and disciplined scaling, Favcy equips startups to look beyond funding rounds and imagine themselves as enduring enterprises.
The Future of Venture Building
According to PwC, nearly one-third of family businesses worldwide make it to the second generation, and only 12% to the third. Survival is hard, but those that endure become economic institutions. The same principle applies to startups: most will fail, but the ones built with legacy principles can transcend their founders.
Legacy businesses like Walmart, Hermès, and Tata remind us that success is not defined by speed but by continuity and resilience. At Favcy VB, we see the future of sta
rtups through this lens—ventures designed not just to exit, but to last.
Because true business triumph is not about building for today, but about creating something that can stand the test of time.
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