//
you're reading...

Business

Lifestyle business, defined

In response to Hillel’s definition of “lifestyle business”:

Twitter friendly version:

    Lifestyle businesses is a derogatory term invented by VCs to dissuade entrepreneurs from bootstrapping.

Twitter unfriendly version:

    Lifestyle businesses is a derogatory term created by venture capitalists (VCs) to dissuade potential entrepreneurs from funding their business by using their own money. As these entrepreneurs are likely to be highly-proficient technologists that kickstart their ventures by working in their spare time and using their dayjob’s salary for their initial funding, VCs may experience brain drain if a critical mass of technologists follow this route.


Do you enjoy this post? Enter your e-mail address below to receive articles like this one in your mailbox.
* indicates required

Discussion

No comments yet.

Leave a Reply

Free Updates!

Learn how to grow your indie business while keeping your day job.

Categories

Archives

Keep updated!

Don't miss out on new articles!