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Startup seems to mean a company that still hasn't found a way to survive without ever more VC money.
by marcinzm 7y ago
Startup seems to mean a company that still hasn't found a way to survive without ever more VC money.
- toomuchtodo 7y agoIt’s a shame really that the meaning has been diluted; there are startups worth over $1 billion (not funny money, realistic multiples of ARR based on an arms length offer for shares) that are profitable, and startups that are a VC furnace and will never turn a profit.