41–50 of 122 posts
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What is a startup anyway? The term is stupid and overused imo.
A lot of people on HN would probably go with the Paul Graham definition: "A startup is a company designed to grow fast" http://www.paulgraham.com/growth.html
https://steveblank.com/2010/01/25/whats-a-startup-first-prin...
Hi guys, I've finished my run in ~13 hours. I've made an MVP Starter Kit https://21daysmvp.com/ . That was a fun ride, but there's a lot of work ahead to make it a full-scale project. Time to go and get some sleep finally.
"Hey, I worked on a project for a few hours, give me funding" Please folks - we need new terminology. This initiative is all fine and good, but maybe we need new words, because these are not startups. This seems more to fit the term 'Hackathon' than anything. 'Microstartup'? 'Microproject' ? 'Microfab' ? 'Micro-op' ? Ok maybe not so great ... Something that communicates that it is authentic and innovative, but at the…
"Hey, I worked on a project for a few hours, give me funding" Please folks - we need new terminology. This initiative is all fine and good, but maybe we need new words, because these are not startups. This seems more to fit the term 'Hackathon' than anything. 'Microstartup'? 'Microproject' ? 'Microfab' ? 'Micro-op' ? Ok maybe not so great ... Something that communicates that it is authentic and innovative, but at the…
"Hey, I worked on a project for a few hours, give me funding" Please folks - we need new terminology. This initiative is all fine and good, but maybe we need new words, because these are not startups. This seems more to fit the term 'Hackathon' than anything. 'Microstartup'? 'Microproject' ? 'Microfab' ? 'Micro-op' ? Ok maybe not so great ... Something that communicates that it is authentic and innovative, but at the…
Or just call them startups if that's what they are. If someone is starting a business selling something then it's a startup, no matter how small initially.
A startup is a company that's focused on something innovative and effectively high growth - something a VC could invest in.
Nobody is referring to the new Taco restaurant down the street as a 'startup' even though their revenues will be more than $1 M this year.
VC only makes sense in high growth businesses with large markets. Otherwise they are just businesses.
And 'an afternoon of coding' isn't really even that either - it takes more effort just to do the proper incorporation.
So these words I think have meaning.
'Project' as the commenter described is apt ... but I wouldn't be surprised if some kind of 'word' emerged that caught all the hype and was overused.
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Or just call them startups if that's what they are. If someone is starting a business selling something then it's a startup, no matter how small initially.
I'm not sure I agree. What you're describing is 'business'. A startup is a company that's focused on something innovative and effectively high growth - something a VC could invest in. Nobody is referring to the new Taco restaurant down the street as a 'startup' even though their revenues will be more than $1 M this year. VC only makes sense in high growth businesses with large markets. Otherwise they are just busines…
Hi guys, I've finished my run in ~13 hours. I've made an MVP Starter Kit https://21daysmvp.com/ . That was a fun ride, but there's a lot of work ahead to make it a full-scale project. Time to go and get some sleep finally.
Earlier quoted context omitted.
I'm not sure I agree. What you're describing is 'business'. A startup is a company that's focused on something innovative and effectively high growth - something a VC could invest in. Nobody is referring to the new Taco restaurant down the street as a 'startup' even though their revenues will be more than $1 M this year. VC only makes sense in high growth businesses with large markets. Otherwise they are just busines…
I've never seen a definition of a startup that I like. Here's my personal sniff test... To me, a business is an entity with paying customers. To me, a startup is an entity that wants paying customers before it has them, or has them now but once did not (and it remains a startup until people stop calling it that).
99% of business in this situation, you would never call a startup.
New law firm.
New dental office.
Your uncle started doing roofing, asks your little brother to work his summer off from Uni with him on roofing.
A new golf course installed in a coastal area.
A 50 new homes going up in the suburbs.
The empty spot on the corner is now a little corner store - beer, wine, chips.
New taco restaurant down the street.
Nobody is calling these situations (i.e. the vast majority of new business) 'startups. So clearly there is a kind of de-facto popular lexicon - and it's not 'startup'.
And many new businesses are just called new businesses. Like the guy who started selling modified skis at the ski resort. That's usually referred to as 'small business'.
A group of people doing some kind of new thing who are maybe not seeking funding but could possibly seek VC funding ... this is more in the realm of what we call 'startup', wherein there is generally a larger market opportunity, and possibly higher growth ... this is startup.