Collection: What's a startup?
🔮 Strategy & Leadership
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Here's a summary of what a startup is with opinions from respected people from within the industry.
Written by Sebastian FuchsApr 2, 2021
A startup is a human institution designed to deliver a new product or service under conditions of extreme uncertainty.
— Eric Ries in Startup Lessons Learned
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 in Growth
A startup is an organization formed to search for a repeatable and scalable business model
— Steve Blank in What’s A Startup? First Principles.