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Re:Why I turned down $500K and shut down my startup by tedmiston on Thursday June 09, 2016 @09:44AM (#11869304)
You're correct. We'd just call them small businesses.

Though I have seen some small businesses working in technology refer to themselves as startups without really understanding the definition (or because they're trying to sound "sexy" to recruit developers).

Re:Why I turned down $500K and shut down my startup by collyw on Thursday June 09, 2016 @01:52PM (#11871041)
You are too old. Its youngster hipster speak for running your own small business these days. I have heard a few friends referring to their business as a startups.