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by SomeCallMeTim 4737 days ago
Webster says "a fledgling business enterprise," and sites as its first use 1845. [1]

Unless there's another dot-com bubble that happened 150 years earlier than the one I know about, I think you're pretty well wrong about the etymology.

Within the HN-bubble, people may define "startup" to be "VC-backed-startup, but the term does have a meaning outside of that bubble. I call my own company a "startup", and I have no plans to seek out a slot in an incubator or investment from VC.

[1] http://www.merriam-webster.com/dictionary/start-up