> If there's no high growth potential, it's not a startup. How would we determine that a company has high growth potential without actually starting the compan

> If there's no high growth potential, it's not a startup. How would we determine that a company has high growth potential without actually starting the company and trying to find out? Does this definition mean that a company isn't a startup until it finds this huge growth potential? (That would mean that almost all companies that have received angel investment are not startups, since so many will fail to find high growth.) (edit: I should have said: "many companies that have received angel investment are not startups, since so many have no obvious high growth potential." I sort of get it that as a founder I'd want to be conservative, and launch into a large and well understood market if I'm taking outside money, but that seems to run against the spirit of what VCs are trying to do, that is fund companies that are trying to discover new, untapped markets, in order to reap larger rewards.)