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But at that point, does it fit a startup definition? In my view, startups always involve rapid growth and VC money to achieve it. If the company doesn't meet t
by Draiken 2y ago
But at that point, does it fit a startup definition?
In my view, startups always involve rapid growth and VC money to achieve it. If the company doesn't meet that criteria, isn't that simply a regular business?
- s_dev 2y agoI agree however it's the 'Paul Graham' definition. i.e. a trade off must be maintained between the bottom line and growth and a startup is a business that prioritises growth over basic financial sustainability. I've seen economists argue the opposite saying a startup is no different to a regular business. It depends on which definition you wish to subscribe to.
- gnkyfrg 2y ago[dead]