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The goal is to make a return on investment. A successful lifestyle business doesn't generally make money for investors, or at least they expect to make more mon
by rcxdude 2y ago
The goal is to make a return on investment. A successful lifestyle business doesn't generally make money for investors, or at least they expect to make more money from moonshot massive growth companies. So VCs will absolutely kill a potential or existing small, sustainable company for a chance at a billion-dollar company, even if the odds are tiny. For the founders, a lifestyle business is generally a better option, a) because it's their effort on the line, and b) because they don't get to make as many bets as the VCs do.
- acdha 2y agoAlso VCs and PE do not care long-term beyond the time when they cash out. If you’re building the business, you probably will care longer, especially about what happens to the people you hired and worked with.