[fxthea]

I don't think he's arguing about semantics of startup vs. small business. I believe he's trying to explain that new businesses fall into a path where they think they are a "startup" thus must take VC funding. He's trying to explain that there's also the "small business" route where you just bootstrap and fund your business from customer revenue.

[mindcrime]

He's trying to explain that there's also the "small business" route where you just bootstrap and fund your business from customer revenue.

But funding from customer revenue does not automatically imply "small business". If you manage to generate a reasonable margin off that revenue, but you reinvest the profit back into the company, you can grow that way, as opposed to growing by taking outside money.

[fxthea]

Again, it's not about semantics. Replace small business with whatever term you want. The point is that the blog writer built a certain type of business then tried to take it onto a different track that put pressure on faster growth and got in over his/her head.