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A lot of people mistakenly label a company as a startup when it's just a business. But in VC terms, a startup emphasizes growth over profitability until they c
by aurareturn 3y ago
A lot of people mistakenly label a company as a startup when it's just a business.
But in VC terms, a startup emphasizes growth over profitability until they can hit massive scale. A business strives to be profitable from the start or near the start.
- PennRobotics 3y agoIn other words, you cease being a startup once you have liquidity: collect profits, IPO, get acquired, liquidation of assets, etc.