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I thought 'startup' was defined as a business-like organization in search of a business model. Once it finds/chooses one, it becomes a business. The essay seem

• loumf 14y ago
  That's the Steve Blank definition. In the end of this essay, it seems to come around to that point of view. You're committing to search for one of the rare ideas that generates rapid growth. Because these ideas are so valuable, finding one is hard. The startup is the embodiment of your discoveries so far. Starting a startup is thus very much like deciding to be a research scientist: you're not committing to solve any specific problem; you don't know for sure which problems are soluble; but you're committing to try to discover something no one knew before. A startup founder is in effect an economic research scientist. Most don't discover anything that remarkable, but some discover relativity. Not exactly the same, but has the searching element.