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A lot of people on HN would probably go with the Paul Graham definition: "A startup is a company designed to grow fast" http://www.paulgraham.com/growth.html h
by newman8r 8y ago
A lot of people on HN would probably go with the Paul Graham definition: "A startup is a company designed to grow fast"
http://www.paulgraham.com/growth.html http://www.paulgraham.com/growth.html
- cityzen 8y agoI've always liked Steve Blanks definition: "a startup is a temporary organization used to search for a repeatable and scalable business model" https://steveblank.com/2010/01/25/whats-a-startup-first-principles/ https://steveblank.com/2010/01/25/whats-a-startup-first-prin...
- rorykoehler 8y agoThat's what PG wants a startup to be because it's self serving. He isn't going to get rich off of people bootstrapping lifestyle startups.
- bhengaij 8y agoSo true. I think a startup should be what it literally denotes. A new business.
- rorykoehler 8y agoA new business that isn't limited by local only distribution.
- bhengaij 8y agoI think that's a post appstore or post web definition. I'm all for unsexy startups if they can turn the entire city into a customer and yet not be relevant outside of the city
- michaelgrafl 8y agoThen we wouldn't need the word "startup" at all. But since people intuitively see a difference between opening up a deli and starting a social network, I think the word has a use. I think people associcate startups with technology, high risk (compared to a proven business model that has worked a thousand times for other people), and potential for fast growth (with regards to the investment). I don't think that excludes lifestyle-ventures.