"An entrepreneur is someone who starts their own business. But only a tiny fraction of new businesses are startups." This needs a context: http://www.paulgraha

"An entrepreneur is someone who starts their own business. But only a tiny fraction of new businesses are startups." This needs a context: http://www.paulgraham.com/growth.html http://www.paulgraham.com/growth.html Because Paul Graham (and probably Silicon Valley in large) clearly has different definition for a term 'startup' than the rest of the world. (http://www.merriam-webster.com/dictionary/start-up http://www.merriam-webster.com/dictionary/start-up)