Ask HN: Why don't more entrepreneurs focus on lifestyle businesses?
3 by DataDisciple | 2 comments on Hacker News.
Its so cheap to start a company these days that I'm surprised more aren't trying to do it without VC. Most VCs are very sharp and can add value beyond investment, but I'm amazed at how much focus is placed on securing funding - rather than building a cash-flow generating business. Building with VC is only one way to build a company. A team can build product as a side-gig, test the market and run until enough cash is generated to start paying salaries and working on it full-time. You won't have a fancy office in SoMa and catered meals, but you also don't need to live in the bay area. And you won't need to worry about fundraising, dilution, down-rounds, and liquidity preferences. Why are entrepreneurs so wired to think about starting companies that require VC?
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