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In case, like me, you're unfamiliar with the term "Upstart" in this context. I found a few vague definitions that boil down to: Startups are entrepreneurial bu
by thelittleone 9y ago
In case, like me, you're unfamiliar with the term "Upstart" in this context. I found a few vague definitions that boil down to:
Startups are entrepreneurial businesses that start with external funding.
Upstarts are businesses that start without significant external funding.
- _emacsomancer_ 9y agoNot the init daemon?
- hayksaakian 9y agoI'm under the impression they're using the 'dictionary definition' rather than a specialized jargon noun a person who has risen suddenly from a humble position to wealth, power, or a position of consequence. http://www.dictionary.com/browse/upstart http://www.dictionary.com/browse/upstart
- paulddraper 9y agoYeah, it's just the dictionary definition; the little guy trying to become big. It's a "start up", but that term is a bit ambiguous.
- maxxxxx 9y agoDoesn't "upstart" have a slightly negative connotation?
- prawn 9y agoNot particularly. Most would interpret it here as "plucky". Small player tackling bigger players, having to work a bit harder and smarter, etc.
- maxxxxx 9y agoInteresting. I thought this word is often used by incumbents to look down at the newcomer. English is not my first language so it's good to learn these subtleties.
- comex 9y agoTo me it does come off as vaguely negative - in context, perhaps hinting at skepticism of whether the company will succeed in overtaking Uber. But if so, only mildly; the word definitely has its positive connotations too.
- matte_black 9y agoWhen startups were "cool" and people weren't so keen to their puffery and PR hacks or vaporware smoke tests, it was positive. However, these days you almost certainly want to be known as a "business" by anyone who matters, and one with good reviews.
- chris_wot 9y agoWhen I think "upstart", I think of my grade 9 English teacher who once described a fairly naughty student as "you young whipper-snapper!".
- deleted 9y ago[deleted]
- tyingq 9y agoIn the same vein as "self taught" might have a negative connotation. Very class based. Severely dependant on context.
- harshbutfair 9y agoI think it's negative, and describing them as "an Indian Upstart" sounds a bit racist to me. Oxford dictionary definition #1: (derogatory) A person who has risen suddenly in rank or importance, especially one who behaves arrogantly.
- intended 9y agoNot really - rebel also has a slightly negative connotation. How it sounds of depends if you are the empire, a Jedi or a sports fan. In general I’ve seen ola fight tooth and nail against Uber by focusing on the vagaries and niches of the Indian market. They took the fight to the a much stronger competitor. They couldn’t win on just funding advantages so kept carving out areas which Uber has not considered. I’m betting Uber learnt a lot from that fight. Let’s see how they fare in Australia. Wishing them Well.
- si1verbu11et 9y agoola is swimming in vc money, esp from softbank