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There is a lot of room between a 1-man show and Intel/Tesla. People really think it's all or nothing and there is so much room in between.

It doesn't mean it's a lifestyle business either, you can have a business earning over $10 million revenue p/year in this in between and with no funding. Is that really just a lifestyle business?

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Of course there is a lot of room, but it doesn't invalidate my point.

Most people i've met seeking venture capital have zero chance of being capable of building the next giant company. Yet many have succeeded in raising capital regardless. VC's generally aren't willing to take on much risk, so you see them spending lot's on low-capital requirement companies that are +EV. And little on companies that need large amounts of capital to scale.

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