Do you guys agree with this definition of a Startup?

Oscar Mairey
3 replies
"An startup is a company looking for a business model that does not exist yet. That's why your bakery is not a startup." Do you guys agree with this ?

Replies

Ilko Kacharov [Team-GPT]
I consider the "business model" to be the same for many of the startups - SaaS, usage-based, freemium, franchise, etc. Indeed many startups are trying to figure out new business models, but that's not the end goal of a startup. I would go for "A startup is a company looking for a product, that solves a common problem in a new way."
Oscar Mairey
So by this definition, a startup is not dependent upon size or revenue... 😆 This quote is from Oussama Amar.