3 ms·
How do you distinguish between a tech startup and small business? Not to doxx anyone but I'm familiar enough with the financials of several businesses that wou
by duped 4y ago
How do you distinguish between a tech startup and small business?
Not to doxx anyone but I'm familiar enough with the financials of several businesses that would call themselves either depending on the context, and the only meaningful distinction I can think of is venture funding
- draw_down 4y agoGrowth rate
- cvccvroomvroom 4y agoYeap. Small businesses will likely stay small because the key differences are in the founders' mindset. Both can start out at leveraged brokeitude.
- cto_of_antifa 4y ago
- localcrisis 4y agobank account. tech startups have huge balances compared to lifetime
- paulcole 4y agoWhen I want to sound cool I say I work at a tech startup. When I want to sound likable I say I work at a small business.
- lewisl9029 4y agoHaha this is awesome! Totally gonna steal this for the next time I want to be liked. :)
- friendzis 4y agoThose are orthogonal classifications. Startup is an early stage company, bootstrapping income/revenue flows. Small business is well... small, usually in terms of money flows and number of employees. In contemporary usage "tech startup" usually means an early stage company expected to relatively quickly grow their money flows and have high opex-to-capex and incoming-to-outgoing transaction ratios.