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by pg
6625 days ago
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I try just to use standard definition. A startup as most people use the word means a comparatively small, comparatively young company that is designed to grow very big. Most but not all such companies create technology, because technology scales so well. Basically, the difference between a small business and a startup is like the difference between a shrub and a redwood seedling. The metaphor isn't perfect, because occasionally companies are transformed from one to the other. But this is extraordinarily rare. |
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How many YC companies fit this definition? I thought the goal was to make the founders rich, which so far hasn't included growing into a big company.
Amer. Heritage: A business or an undertaking that has recently begun operation: grew from a tiny start-up to a multimillion-dollar corporation.
Note that's just example usage; startup doesn't denote a design to become a big company.