Hacker News new | ask | show | jobs
by jaredklewis 3362 days ago
Sure, it's not a well defined term with a universally agreed upon definition, but now we're just arguing semantics.

You like to define it as a new, for-profit business. Seems reasonable. However, I found that many others use the term to specifically refer to the kind of high risk, high growth company that meet the investment profile of typical venture capitalists.

It seems obvious that the good people of startup school are using the word startup in the latter sense. And honestly that sense of the word seems more common. Most people refer to what you do as bootstrapping, not a startup.

But is it really that interesting to have an argument over the definition of startup?

I don't think anyone at startup school is against bootstrapping. They're probably not against enterprises either. The event just has a focus.

3 comments

> Sure, it's not a well defined term with a universally agreed upon definition, but now we're just arguing semantics.

The definition is pretty well agreed on. The version I like best is that a startup is a new business that's designed to arbitrage a temporary disequilibrium to produce extraordinary returns.

Other people phrase it differently, but claiming that, for example, your typical restaurant is a startup is unequivocally wrong.

Good points and true.

I really enjoy a lot of what YC puts out, especially the philosophy that growth is the ultimate no-BS filter. That was eye opening for my when u heard Jessica Livingston talk about it.

All-in-all, my initial comment is likely misplaced given the nature of startup school.

But I do believe that most businesses should aim for, and be happy, with linear growth.

Just FYI I listen to a lot of popular startup podcasts and oftentimes the guests are asked if they recieved VC or if they are bootstrapping.
As an aside, what are your recommendations for the best startup podcasts to listen to?