A useful idea from academia can be used to create a startup, but a startup is more than idea. The key thing that is there is that it must have growth. From Stev

A useful idea from academia can be used to create a startup, but a startup is more than idea. The key thing that is there is that it must have growth. From Steve Blank: "A startup is a temporary organization in search of a scalable, repeatable, profitable business model." Paul Graham also has the essay http://www.paulgraham.com/growth.html http://www.paulgraham.com/growth.html where growth is again emphasized.