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Can we stop calling companies with 1,500+ employees and millions in revenue "startups". At what point does the shine wear off and they just become medium-sized
by escaper 3y ago
Can we stop calling companies with 1,500+ employees and millions in revenue "startups". At what point does the shine wear off and they just become medium-sized companies like any other?
- iepathos 3y agoBy definition, a startup is any newly established company. We can argue over how much time defines what is newly established, but can't argue that the size, revenue, or money raised define what is new.
- omneity 3y agoThe definition of a startup is a company that is still searching for a viable business model / target customers / distribution channel. The size, age, amount raised or even revenue doesn't matter. Only that whatever revenue it has, it is sustainable, and customer acquisition is repeatable.
- paulddraper 3y ago> 1,500+ employees They used to have 1,500, before they laid off 1,000 of them.