I don't know if there's a definitive definition of "lifestyle business", but I've often seen this phrase used derogatorily, on hacker news, to dismiss any busin

I don't know if there's a definitive definition of "lifestyle business", but I've often seen this phrase used derogatorily, on hacker news, to dismiss any business not taking venture capital, not trying to be the next google, or not being built to flip. In a way, Apple is, then, a really good example of a "lifestyle business" as that term is used here. They didn't take a lot of venture capital, they weren't built to flip, and they weren't trying to be the next anything. They focused on long term business success. Choices made based on long term business success (Such as, retaining enough control to make sure the business doesn't get flipped against the founders will) often, on this site, results in the accusation that you're "just building a lifestyle business".