> founder has made a nice lifestyle business out of their investment
It’s perfectly reasonable that one might have a medium size business supporting the local economy. It’s a shame that VC model is hostile to this outcome.
It’s perfectly reasonable that one might have a medium size business supporting the local economy. It’s a shame that VC model is hostile to this outcome.
But it isn't hostile to want a return on your investments, and investors are not operating as a charity to support the local economy, although that does incidentally happen as a result of investments.