Gregory's Server@aral Is this a generally accepted meaning of 'startup'? I always thought the term refers to any type of new company, but have no clue.
|
7 comments
 @t0k ⌠But would they ever invest a single cent in such a company? No, never. If you want to know what is and what isnât a real startup, just look at what Silicon Valley and venture capitalists invest in and what they donât. @aral Thanks for the explanation! That's actually good to know.  @aral @t0k As I mentioned to @gvwilson when he asked a similar question (the other responses there may also interest you): https://social.coop/@brainwane/110894011474480273 "zebras" is a term some folks are using.  @t0k @aral No it is not. âFail fast or exitâ is far more restrictive than what happens in practice and leaves out profitability as a path. Startups either fail, the more common case, or evolve into profitable companies; but even failures can involve multiple rounds of financing extending over many years. |
@t0k People do, wrongly, use it to refer to any type of new company. And thatâs just great as far as Silicon Valley and venture capitalists are concerned. They know what a real startup is but if there sustainable, ethical companies that self-identify using the term, thatâs great for the brand. They can turn to those and say âlook, not all startups are toxic, extractive, exploitative venturesâŚâ So it helps them a lot in resisting regulationâŚ