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I guess startup is generally understood now to mean a VC-backed company that doesn't make any money.
by yborg 7y ago
I guess startup is generally understood now to mean a VC-backed company that doesn't make any money.
- digitaltrees 7y agoI think it’s more about the nature of growth potential. Hyper growth with a hockey stick is the measure.
- travisjungroth 7y agoAirbnb claims to make money.
- skissane 7y agoOften, a "startup" just means a private company that plans to go public but hasn't done so yet (as opposed to already public companies, and private companies that don't plan on going public)
- Klinky 7y agoNo, that sounds like a private company trying to sound trendy. A startup has a small number of employees to start with and a 2 - 3 year window to go big, fizzle out, or pivot into a small - medium sized business. You're not a "startup" forever, nor does eventually marketing yourself as one, actually make you one.
- jedberg 7y agoI don't think so, because a whole lot of startups plan to get bought, not go public.