What is a startup? By Yevgeniy Brikman

What is a tech startup?

A startup is a human institution designed to create a new product or service under conditions of extreme uncertainty. — Eric Ries, The Lean Startup”

”“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.
Paul Graham, Co-founder of Y Combinator [Graham 2012b]”

A startup is a temporary organization designed to search for a repeatable and scalable business model. Within this definition, a startup can be a new venture or it can be a new division or business unit in an existing company.
Steve Blank and Bob Dorf, The Startup Owner’s Manual [Blank and Dorf 2012, xvii]



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