> If as a founder you have managed to get your business to profitability Because in Australia (and NZ, Canada, etc) founders and employees tend to be waiting f

> If as a founder you have managed to get your business to profitability Because in Australia (and NZ, Canada, etc) founders and employees tend to be waiting for privately owned residential real estate to move up in value, a "lifestyle business" in these places doesn't need to get to profitability, it only just needs to keep the founders and employees in a job. Any outside investor that evaluates such a business is already being screwed over by the founders as soon as they start talking.