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Is Berkshire Hathaway a lifestyle business? Because it started out as one. That’s his point. Small businesses can become unicorns - but they need space and tim
by julianeon 4y ago
Is Berkshire Hathaway a lifestyle business? Because it started out as one.
That’s his point. Small businesses can become unicorns - but they need space and time to grow. We need a better environment, and a more nuanced understanding, of them.
- bityard 4y ago> Is Berkshire Hathaway a lifestyle business? Because it started out as one. My skept-o-meter went off-scale upon reading this. Can you point to exactly when BH was a lifestyle business and what they were doing at that point that would classify them as a lifestyle business?
- missedthecue 4y agoHe raised $105,000 from friends and family and started a hedge fund which became BH.
- PeterisP 4y agoYes, but why would you say that it was a lifestyle business? I mean, it's not about size or being family-funded, I'd argue that this hedge fund was something entirely different from a lifestyle business since day 1.