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What defines a startup? Everything that did not IPO yet is referred to as a startup. Sure everything starts at some point, but should Dropbox, Uber and Airbnb s
by yalogin 10y ago
What defines a startup? Everything that did not IPO yet is referred to as a startup. Sure everything starts at some point, but should Dropbox, Uber and Airbnb still be called start ups? Aren't these large companies?
- sjg007 10y agoStartups are companies designed to grow fast. This is not hire fast, but capture the market. The money is the rocket fuel to achieve escape velocity.
- gist 10y agoBetter yet, is any new business a startup? Having been around business for a long long time I tend to see it as fitting a particular mold in terms of tech type product offering, young staff, desire to get venture funding, talking the talk and walking the walk. I think I know it when I see it but I can't even think of all of the qualifiers.
- fbonetti 10y agoYep, the word "startup" has the same definition to me. It's more of a description of the culture than how new or scrappy the business is. I worked at a "startup" that had been around for 10 years, had no plans of exiting, and was sustainable, but had a very young staff, a keg in the kitchen, and pressured it's young developers to work late for shitty pizza. I think some small businesses are jumping on the startup train so that they can attract kids right of college.