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]@ilko_kacharov
3veta
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."
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So by this definition, a startup is not dependent upon size or revenue... 😆 This quote is from Oussama Amar.