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by pg
5351 days ago
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In current usage, a startup means a new business that is designed to scale rapidly. (Most don't actually manage to, but they're at least intended to.) It would be inconvenient if people started using the word to describe new businesses generally, because then we'd need to invent a new word for the subset designed to scale rapidly. |
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http://www.merriam-webster.com/dictionary/startup 1: the act or an instance of setting in operation or motion 2: a fledgling business enterprise
Fledgling also lacks any connotation of scaling.
Perhaps the VC/angel community has adopted "startup" to imply design for rapid scaling, but the broader community uses startup to mean "new business."