Serial Entrepreneurs vs. LifeStyle Businesses

www.inc.com

Well written piece on the perception that some VCs and VC backed company CEOs have toward non-VC backed companies. The article writes: "Let's call them Flippers and Builders instead." In my opinion, both are fine, they are just different. (Thanks Scott R!)

"Flipper entrepreneurs want to build several companies in their career, try to do it quickly, and sell them. They're more passionate about the process than the actual entity they're building. ... A builder entrepreneur doesn't think about their business in the short-term. It's a long-term venture and a legacy. They're patient and persistent and want to build for the long-term. They're not thinking about the next quarter--or the next round. They're thinking about the long-term. Their business is their baby--and they won't give it up easily."

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