> Is Berkshire Hathaway a lifestyle business? Because it started out as one. My ... | Hacker News

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		bityard on May 10, 2022 \| parent \| context \| favorite \| on: We need a middle class for startups > Is Berkshire Hathaway a lifestyle business? Because it started out as one. My skept-o-meter went off-scale upon reading this. Can you point to exactly when BH was a lifestyle business and what they were doing at that point that would classify them as a lifestyle business?

missedthecue on May 10, 2022 [–]

He raised $105,000 from friends and family and started a hedge fund which became BH.

PeterisP on May 11, 2022 | [–]

Yes, but why would you say that it was a lifestyle business? I mean, it's not about size or being family-funded, I'd argue that this hedge fund was something entirely different from a lifestyle business since day 1.

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