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Re:Hire Family People by Alex3917 on Friday April 25, 2008 @12:19AM (#173255)
A startup exists to make extraordinary profits by arbitraging a temporary economic disequilibrium by doing more than anyone thought possible with less than anyone thought possible; the industry is irrelevant.
Re:Hire Family People by tptacek on Friday April 25, 2008 @12:27AM (#173262)
I don't think that had anything whatsoever to do with my point. Is Threadless a startup?
Re:Hire Family People by Alex3917 on Friday April 25, 2008 @10:35AM (#173555)
I was just trying to provide a heuristic to answer your question. I don't think it's black and white though. As for Threadless, I do think it's a startup because they invented a new process to fill a temporary market disequilibrium. But if another company came along and did the same thing then I'm not so sure.