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The term "start up" generally means any relatively young company (compared to companies that are multiple decades old) that's growing rapidly in revenue and/or
by KoftaBob 7y ago
The term "start up" generally means any relatively young company (compared to companies that are multiple decades old) that's growing rapidly in revenue and/or valuation. The number of employees isn't as relevant.
- gamblor956 7y agoWhile PG tried to redefine the term "startup" to include "growing rapidly in revenue" or whatever, this redefinition never took hold outside of a very limited sphere centered in Silicon Valley. Outside of the valley, startup means a company that doesn't know how to make money.
- yellowapple 7y agoAnd more precisely: any company that's young relative to incumbents / dominant competitors in the space (beyond a certain proportion, of course; a 99-year-old company is obviously not a startup even if compared to a 100-year-old competitor, but a 5-year-old company would be, IMO). I personally think reliance on VC money is a more reliable indicator, though.