> It would imply that a bootstrapped business can not be a startup. And it isn't, at least by that definition. > Personally, I define startups to be business

> It would imply that a bootstrapped business can not be a startup. And it isn't, at least by that definition. > Personally, I define startups to be business ventures where the rate of change and the freedom to take sudden turns is still high. This is also a good definition. My point is that we need to keep in mind that not everyone thinks of the same definition when using the same words.