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I think lifestyle businesses are great, but if you are building a lifestyle business and meeting with VC firms then you are wasting their time. They can’t inves

I think lifestyle businesses are great, but if you are building a lifestyle business and meeting with VC firms then you are wasting their time. They can’t invest in you. Their business model is designed to take a large number of risky bets to try to catch a unicorn. If you have a less risky business that isn’t going to take off like a rocket, it might be a great idea and a massive success for you, but it isn’t compatible with their business model at all. You are better off meeting with angel investors who do invest in lifestyle businesses.

intended 2y ago
That said - VCs / PE are effectively in the business of outcompeting Lifestyle businesses.
- mbravorus 2y ago
  Outcompeting? Hell no. Eliminating - sure.
  - brewdad 2y ago
    It's the same thing when the outcome is that they "win".
    - PaulDavisThe1st 2y ago
      It's not. Lifestyle business has benefits B1, B2, B3, and cons C1, C2, C3. VC/PE talks a lot about C1, C2, C3 and promotes its business that also has benefits B1 and B2. Amidst the deceitful noise, people forget about B3 and migrate to the VC/PE backed thing. Lifestyle business folds. Society/people lose B3. This is not out competing. It's just bullshit.