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Possibly. But for a little while, I did hear about "lifestyle businesses", i.e., the idea that you could be financially sustainable in tech without needing mas
by ken 7y ago
Possibly. But for a little while, I did hear about "lifestyle businesses", i.e., the idea that you could be financially sustainable in tech without needing massive growth.
And these days, I think most of the open source software I use was actually contributed by a corporation.
- ufmace 7y agoBe careful of believing what you hear. There are still plenty of lifestyle businesses, they just don't seek out or receive much publicity. The media buzz is dominated by mostly-not-very-good VCs and mostly-not-very-good startups trying to find and impress each other. The VC market is designed to seek out the "unicorn" companies whose value will grow 1000x, and so the companies that might be that and try to look like that get the most buzz. There's nothing wrong with starting or funding that kind of company, but it's not for everyone, and it certainly isn't all that's out there. It's still viable to start a smallish lifestyle business that produces enough money for yourself and doesn't take a ton of work to keep going, but will never grow to be 1000x the size. It's just fine if that's what you want to do too, but know that such businesses usually don't market too much, either for customers or investors. They don't want VCs, and VCs don't want them either.