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by vonmoltke 2815 days ago
> Basically the goal of the company is to keep the owners comfortable rather than play the unicorn lottery.

Why are those the only two options? What happened to "grow organically into a megacorp over 20-30 years"?

2 comments

That would be a regular business. A lifestyle business the goal is to give the owner a job they like without the distractions a larger company would have because the owner/founder likes doing the work.

It is possible to start lifestyle then transition to regular or be a blend (eg: currently lifestyle, but keeping a eye out to grow). Sparkfun is a example of this where the founder hired someone to be CEO so they can actually have time to do the stuff they love.

[0]: https://www.sparkfun.com/news/2162

Even beyond that, there's a huge space between "Keep their owners comfortable" and "Unicorns".