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Are those two actual startups, or more like two mirco "startups"? In other words, are you trying to get both of these startups to grow massively fast, or are th
by porter 12y ago
Are those two actual startups, or more like two mirco "startups"? In other words, are you trying to get both of these startups to grow massively fast, or are these just businesses to cover your living expenses?
- BerislavLopac 12y agoThis is not a definition of "actual" startups, just of those who have an imperative to grow "massively fast", usually because they have taken external, primarily VC, funding. A startup is a new business that is still investigating what kind of product it is going to sell, and to which audience.
- cerberusss 12y agoGenuinely curious, why do you think this is an important distinction?
- dumbfounder 12y agoSorry for the delay in response... I would call them actual startups. For one I raised $1.7m in money over the years several years ago, but then had to scale it back due to lack of success. I pivoted it to a site that now has millions of visitors per month, but I run it solo trying to figure out how to make money and grow it. The other company is just two us, my cofounder and I created a social media analytics platform and we have done about $150k of revenue in bootstrap mode in the past year or so. We are now trying to push a product to the masses and may look for funding soon.