Re:Rejected from YC (Again)
by nkassis on Thursday October 17, 2019 @07:21AM
(#21280847)
That's the definition that PG uses but I don't think it's common to the world at large.
Usually the difference is between a first stage company and a self sustaining operation. Once revenue is enough to cover costs and the company can essentially run without outside funding it pretty much stops being a startup.
Usually the difference is between a first stage company and a self sustaining operation. Once revenue is enough to cover costs and the company can essentially run without outside funding it pretty much stops being a startup.
Definition on Investopedia: https://www.investopedia.com/terms/s/startup.asp