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.

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