At what point do you stop being a start up? They have a revenue of ~$6.5B and 12,000 employees.
When you IPO.
you can stay a private company forever, surely walmart isn't a startup.
Uber is imploding, but does anyone really care?
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Re: Uber is imploding, but does anyone really care?
#22I am conflicted about Uber.
On one hand, toxic company, we all know about it, they don't even pay as much taxes as they should. On the other hand, in Rome taxi drivers have been up in arms because they feel threatened by them, with violent protests in which people were beaten up and fascist salutes filmed. In my book, anyone who will put Roman taxi drivers out of business is a hero.
Toxic company or violent fascist taxi drivers. What a choice.
Re: Uber is imploding, but does anyone really care?
#23Earlier quoted context omitted.
When you IPO.
you can stay a private company forever, surely walmart isn't a startup.
I suppose that's true, but startups generally take VC funding, and VCs want the company to either IPO or get bought.
There are bootstrapped "startups", but if you're not taking VC funding and trying to go big, then it's less obvious what the difference is between a "startup" and a "company".