4 ms·
Microspot. The 50 year old startup?
- mmastrac 12y agoAt a point where you stop growing and start making lifestyle income for the founders, I think the appropriate term for this is "a lifestyle business". [1] [1] http://en.wikipedia.org/wiki/Lifestyle_business http://en.wikipedia.org/wiki/Lifestyle_business
- wtbob 12y agoMy concern with bringing someone with a start-up mentality into this lifestyle business (thanks mmastrac!) is that he'd be less risk-averse, and the firm would burn through its accumulated capital as so many startups burn through their investors' capital. Sounds like an amazing opportunity for the right candidate though.