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Of course from a venture capitalist's perspective, running a lifestyle business is the ultimate failure: not only don't they get their investment back with a ni
by jll29 2y ago
Of course from a venture capitalist's perspective, running a lifestyle business is the ultimate failure: not only don't they get their investment back with a nice 40x return, but also they cannot write off the investment as a loss as long as the business keeps going.
This is not a judgment about lifestlye businesses per se, it's just not a match for risk capital regarding funding.