4 ms·
And yet we all know what they mean when they call those companies "startups". The term has drifted pretty far from its original meaning, but it does carry a new
by _bxg1 7y ago
And yet we all know what they mean when they call those companies "startups". The term has drifted pretty far from its original meaning, but it does carry a new meaning even though it's almost completely different
- TazeTSchnitzel 7y agoIt means they're VC-backed webapps from San Francisco?
- _bxg1 7y agoRoughly. I would broaden the colloquial meaning to "new-wave tech companies". Ones from the past decade that aren't FAANG and maintain an agile culture (or at least purport to), and have a certain San Francisco sheen to them even if they aren't actually from there
- maxerickson 7y agoI feel like you are now vigorously explaining that the other poster was right, that we should use some other name.
- _bxg1 7y agoI'm not arguing one way or the other, I'm just observing that "startup" is an overloaded term in 2020, and maybe the new definition is a bit silly, but it's also really hard to get everyone in a society to change the vocabulary they've become accustomed to.
- renewiltord 7y agoIt's a bit like asking you to define just how many grains of rice there are in a heap. You may be unable to do so and yet know a heap when you see it.
- brain5ide 7y agoBecause investing in a .com would be bonkers.
- rumanator 7y ago> And yet we all know what they mean when they call those companies "startups". That isn't true at all. These companies were startups almost a decade ago, but since then they already matured and strayed very far from the classification. This is like calling a 40yo man a teenager just because he was one in the distant past.