This is only a useful comment if it includes an alternative (and also widely used) definition, or at least a critique of the definition provided. In fact, the

This is only a useful comment if it includes an alternative (and also widely used) definition, or at least a critique of the definition provided. In fact, the wikipedia article on startups includes the grow fast component, suggesting to me that that is the most common usage: > "an entrepreneurial venture which is typically a newly emerged, fast-growing business that aims to meet a marketplace need by developing a viable business model around an innovative product, service, process or a platform. A startup is usually a company designed to effectively develop and validate a scalable business model."