And can be enough if you don't need large quantities of investment capital. If you don't _need_ it, but _want_ it to get fabulously wealthy... well, "lifestyle business" is not the path to that, by definition.
It's almost like the interests of those who want to get fabulously wealthy -- whether founders or investors -- become misaligned with the interests of the users, even steeper/faster than when you "just" have a "lifestyle business".
The thing is, founders can get fabulously wealthy with a lifestyle business or at least very wealthy, but it might take longer. But all the established money seeking rent parked at VC firms can't get a cut if you don't play ball with them.
> But all the established money seeking rent parked at VC firms can't get a cut if you don't play ball with them.
OK, but why does a founder care about that? Either they think their business model can't get them to a sustainable lifestyle business without external capital investment... or they want to get more-than-lifestyle-business wealthy, right?
I'm sure that's what they think. I don't know if the data really indicates that going to VC route will make you richer. It could certainly make you more publicly successful.
I don't know if a couple million is "fuck you" money in 2023 (enough to never work again and eventually retire while living a fairly luxurious lifestyle?), but point taken.
