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Lumifer comments on Entrepreneurial autopsies - Less Wrong Discussion

7 Post author: Clarity 13 July 2015 03:27AM

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Tags: technology graveyard entrepreneurship startup autopsy

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Comment author: [deleted] 16 July 2015 08:12:10AM 0 points [-]

Wait, the word startup is defined as a scalable subset of small business? I thought it is just a fashionable term for newly established small businesses...

Comment author: Lumifer 16 July 2015 03:02:29PM 2 points [-]

Wait, the word startup is defined as a scalable subset of small business?

Paul Graham:

A startup is a company designed to grow fast. Being newly founded does not in itself make a company a startup. Nor is it necessary for a startup to work on technology, or take venture funding, or have some sort of "exit." The only essential thing is growth. Everything else we associate with startups follows from growth.

Comment author: [deleted] 16 July 2015 03:08:48PM 0 points [-]

Okay, then it is defined so.

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