Most people, not just VC's, would define a startup as a business which is geared for growth. How is a business that just pays the bills a startup? Isn't that just a small business?
isn't it that all businesses are for growth? apple is expected to grow too, but I would not call it as startup..
I have'nt seen any (except non-profit ones) company which would intentionally claim " we are aiming and loweri g our revenue" or "let's keep it as it is" :)
I have'nt seen any (except non-profit ones) company which would intentionally claim " we are aiming and loweri g our revenue" or "let's keep it as it is" :)