Re:Ask HN: What is the difference between a startup and a bu...
by PennRobotics on Friday February 09, 2024 @03:27AM
(#39312682)
In other words, you cease being a startup once you have liquidity: collect profits, IPO, get acquired, liquidation of assets, etc.
But in VC terms, a startup emphasizes growth over profitability until they can hit massive scale. A business strives to be profitable from the start or near the start.