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Re:The $12 Startup by killingmichael on Thursday July 30, 2009 @08:16AM (#732008)
I really like Eric Ries definition of a startup:

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

http://startuplessonslearned.blogspot.com/2009/05/lean-start...

If I was to add anything to it, it would be something about 'ability to scale'.

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