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0 pointstemphn14y ago0 comments

But wait a second, weren't you stating a few days ago that lifestyle companies make people more rich than moonshots:

http://news.ycombinator.com/item?id=3647026

Please note: I say this as someone who has great respect for the look, feel, and polish of Freckle and your other work. My disagreement in that thread was purely about the empirical question of whether lifestyle business are better than moonshots in terms of the "get rich some day" probability.

Have you changed your mind or am I reading incorrectly?

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ahoyhere14y ago

Actually, I was saying lifestyle companies make more people rich, not people more rich. Depends on your definition of rich, of course. :)

Not sure why you thought I might have changed my mind based on the above. Misreading perhaps? I wasn't PERSONALLY expressing any of the sentiments in my comment above. I was echoing what I see & hear from people who do care about acquisitions.

My position is, and has been for years, that the VC game is way more of a game of chance than a game of skill. (Unless you think it's a skill to have friends who can bail out your failing startup with an acquisition. It might be. But it's sure not the skill everybody promotes.) A game that, in a lot of ways, reduces your potential for self-determination. That's why I'm such a tireless promoter of bacon busines (http://baconbiz.com).

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