3 ms·
Paul (or anyone else), in note 3 you say "Starting a company is common, but starting a startup is rare. I've talked about the distinction between the two elsewh
by amirmc 15y ago
Paul (or anyone else), in note 3 you say "Starting a company is common, but starting a startup is rare. I've talked about the distinction between the two elsewhere..."
I'd appreciate any links to the places you've mentioned this.
- _delirium 15y agoHe discusses his definition of the difference in this essay: http://www.paulgraham.com/startupfunding.html http://www.paulgraham.com/startupfunding.html In particular, There are millions of small businesses in America, but only a few thousand are startups. To be a startup, a company has to be a product business, not a service business. By which I mean not that it has to make something physical, but that it has to have one thing it sells to many people, rather than doing custom work for individual clients. Custom work doesn't scale. To be a startup you need to be the band that sells a million copies of a song, not the band that makes money by playing at individual weddings and bar mitzvahs. I'm not sure it's the best way to distinguish, but it is how the term is often used, especially in the context of startup funding, where "startup" is used as a synonym for basically "the kind of thing a VC would want to fund".
- deleted 15y ago[deleted]
- pchristensen 15y agoOne of the best descriptions: http://steveblank.com/2010/01/25/whats-a-startup-first-principles/ http://steveblank.com/2010/01/25/whats-a-startup-first-princ... "...a startup is an organization formed to search for a repeatable and scalable business model."
- hugh3 15y agoSo was the first McDonald's a startup?
- pchristensen 15y agoIt was when Ray Kroc took it over and wanted to build a nationwide chain, instead of run a single restaurant.