Define "startup". There's the startup that's 50-100 people or smaller. In that case, you're completely right. Then there's the "startup" that employs thousand

Define "startup". There's the startup that's 50-100 people or smaller. In that case, you're completely right. Then there's the "startup" that employs thousands of people and just closed a Series D in anticipation of hiring more. The second is still a completely different beast from old stalwarts of industry like IBM, GM, big Wall Street banks, etc.