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I don't disagree that's it's a viable business model but just saying that it's generally not the kind of business model that the startup crowd (YC, venture fund
by marcinzm 6y ago
I don't disagree that's it's a viable business model but just saying that it's generally not the kind of business model that the startup crowd (YC, venture funded, etc.) is looking for.
- brainless 6y ago"Yet", I think you mean looking for yet. Ideas change. "Starting up" is the most basic phrase I was used to as a teenager, dreaming of businesses. Then some SV folks reimagined the word to make it mean something super niche. I am seeing a trend toward sustainable businesses nowadays. I am happy starting up a sustainable business, no matter what you might call it.
- marcinzm 6y agoThe Oxford English Dictionary traced the use of the word "startup" for a budding business to a Forbes article in 1976 where it referred to the Silicon Valley electronics companies. So, no, the term "startup" wasn't co-opted but has meant a fast growing silicon valley type company for the last 50 years. Before that it was not used to refer to new businesses. As a note, "starting up" is not the same as "startup."