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0 pointsrichrichardsson7y ago0 comments

What is a startup anyway?

The term is stupid and overused imo.

0 comments

A lot of people on HN would probably go with the Paul Graham definition: "A startup is a company designed to grow fast"

I've always liked Steve Blanks definition: "a startup is a temporary organization used to search for a repeatable and scalable business model"

That's what PG wants a startup to be because it's self serving. He isn't going to get rich off of people bootstrapping lifestyle startups.

So true. I think a startup should be what it literally denotes. A new business.

I think we can all agree it's not the process of building an app.

I have to think "has external funding" is a minimum.

Why? GH already had 1M repositories when it raised its first round, were they not a startup before?

No, they were a small company.

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