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Assuming lifestyle businesses fail at similar rates as venture-backed companies Why would you make such an assumption? You can't argue with math. I can when
by ucee054 13y ago
Assuming lifestyle businesses fail at similar rates as venture-backed companies
Why would you make such an assumption?
You can't argue with math.
I can when you get the math so wrong, like above.
- fearless 13y agoMost businesses fail because they run out of money. Do you think getting an infusion of millions of dollars makes a business more likely to fail?
- khuey 13y agoLifestyle businesses are usually about a modest initial investment by the founder and then reinvesting modest profits into raising the hot air balloon a bit. VC backed companies usually start out losing tons of money and hope they achieve flight by the time they reach the end of the runway.