What is a startup? By Yevgeniy Brikman

What is a tech startup?

The prototypical startup is a week old company with two developers in a garage. But the word “startup” is sometimes also used to describe much bigger and older companies. For example, the Wall Street Journal uses “startup” to refer to:

  • SnapChat: $10 billion valuation, 2 years old, 20+ employees.
  • Uber: $42 billion valuation, 5 years old, 550+ employees.
  • SpaceX: $4.8 billion valuation, 12 years old, 3,000+ employees.
  • Product: technology.
  • Environment: extremely uncertain.
  • Goal: massive growth.
  • Mode of operation: search

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Ravi Kumar.

Ravi Kumar.

Building nextgen real estate platform at PriceHubble & podcaster at productlessons.com. I blog about products, business around products, and growth strategies.