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Is it... a "startup"? Do they make money? Is Propel even a for-profit company?
by sbierwagen 9y ago
Is it... a "startup"? Do they make money? Is Propel even a for-profit company?
- Anderkent 9y agoNon-profits can be startups too, if they're attempting to build new business models.
- tomjakubowski 9y agoI don't see why a company has to be profit-seeking to be considered a "startup". But Propel is indeed for-profit.
- IncRnd 9y ago> Is it... a "startup"? Do they make money? Is Propel even a for-profit company? A startup is a newly established business - that is to say, just starting up.
- zachlatta 9y agoI'm a fan of PG's view: http://www.paulgraham.com/growth.html http://www.paulgraham.com/growth.html
- IncRnd 9y agoI'll put forward that PG is using his own definition that aligns with his business. His definition differs from that of the dictionary's definition. There's nothing wrong with that, as it helps him achieve day-to-day his goals. But, the definition is otherwise limited in that it is not correct or useful outside of direct investors who are looking for fast growing companies that want to be called startups in order to get startup funding.
- splitrocket 9y agoFor profit. FreshEBT raised a round from A16Z.