Collection: What's a startup?

๐Ÿ”ฎ Strategy & Leadership
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Here's a summary of what a startup is with opinions from respected people from within the industry.

Published/Updated on Apr 2, 2021

A startup is a human institution designed to deliver a new product or service under conditions of extreme uncertainty.

โ€” 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 โ€œexit.โ€ The only essential thing is growth. Everything else we associate with startups follows from growth.

โ€” Paul Graham in Growth

A startup is an organization formed to search for a repeatable and scalable business model

โ€” Steve Blank in Whatโ€™s A Startup? First Principles.