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Startup is a company with unproven business model. Barbershop on a corner is not a startup, it is known how this works and what it takes to make it profitable.
by Andrew_nenakhov 7y ago
Startup is a company with unproven business model.
Barbershop on a corner is not a startup, it is known how this works and what it takes to make it profitable.
Barbershop in World of Warcraft or some other MMO which makes haircuts to your virtual Orcs is a startup, cause no one knows if this is viable as a business at all.
- tus88 7y agoHow is an advertising driven website not a proven business model?
- Andrew_nenakhov 7y agoEvery website has different ways of acquiring traffic. Quora's way of doing business isn't yet shown to be self-sustainable, which makes their business model unproven.