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BTW, I am referring to lifestyle business specifically as one not tied to the VC exit strategy. I.e. a business is a lifestyle business as long as you are neit
by einhverfr 13y ago
BTW, I am referring to lifestyle business specifically as one not tied to the VC exit strategy. I.e. a business is a lifestyle business as long as you are neither trying to be an acquisition target nor trying to build up to go public.
The point is that you don't have the same kinds of relentless pressure in that environment that you do in a vc-backed start-up. Those are different environments. If you are running one, great. I wish you the best of luck.
- bjelkeman-again 13y agoThanks and yes. We have no exit strategy nor would we be able to go public, as we are non-profit foundation. Fast growing and doing good in the world is a good place to be.