{"id":10954,"date":"2007-12-05T15:19:17","date_gmt":"2007-12-05T12:19:17","guid":{"rendered":"https:\/\/mamchenkov.net\/wordpress\/2007\/12\/05\/what-is-a-startup\/"},"modified":"2007-12-05T15:19:17","modified_gmt":"2007-12-05T12:19:17","slug":"what-is-a-startup","status":"publish","type":"post","link":"https:\/\/mamchenkov.net\/wordpress\/2007\/12\/05\/what-is-a-startup\/","title":{"rendered":"What is a startup?"},"content":{"rendered":"<!-- google_ad_section_start -->\n<p>There is a lot of talk about startups on the web.\u00c2\u00a0\u00c2\u00a0 But what exactly is a &#8220;startup&#8221;?\u00c2\u00a0 Different people put different meaning in the word, and sometimes it gets very confusing.\u00c2\u00a0 Here is <a href=\"http:\/\/paultyma.blogspot.com\/2007\/01\/why-i-work-at-google.html\" title=\"Technical Revenue : Why I work at Google\">one example<\/a> I came across recently:<\/p>\n<blockquote><p>\u00c2\u00a0The reason I get asked this is that I left a perfectly good start up called Preemptive Solutions to come here. When I say &#8220;perfectly good&#8221; its one that I am a co-founder, is now 10 years old, and was President (which I later became VP as I decided I wanted to live away from the HQ).<\/p><\/blockquote>\n<p>Somehow, a 10-year old company didn&#8217;t fit my understanding of &#8220;startups&#8221;.\u00c2\u00a0 From a quick <a href=\"http:\/\/www.google.com\/search?q=define%3A+startup\" title=\"Google search results for \"define:startup\"\">definition check at Google<\/a> I like the one from <a href=\"http:\/\/www.oakridgefinancialgroup.com\/vc\/vcterms.html\">Oakridge Venture Capital<\/a> best of all:<\/p>\n<blockquote><p>\u00c2\u00a0New business venture in its earliest stage of development.<\/p><\/blockquote>\n<p>This fits my understanding perfectly.\u00c2\u00a0 And with this in mind, I think that most companies grow out (or die out) the &#8220;startup&#8221; stage in their first year or so.\u00c2\u00a0 If the company survives that period, it starts getting some routine in it (procedures, practices, paperwork, traditions, etc).\u00c2\u00a0 The culture of the company shapes up.\u00c2\u00a0 Most of the &#8220;what is good and what is not&#8221; issues are ironed out.\u00c2\u00a0 Etc.\u00c2\u00a0 And then it&#8217;s not a startup anymore.<\/p>\n<p>What&#8217;s your understanding of startups?\u00c2\u00a0 How can you say if a company is a startup or not?<\/p>\n<!-- google_ad_section_end -->\n","protected":false},"excerpt":{"rendered":"<!-- google_ad_section_start -->\n<p>There is a lot of talk about startups on the web.\u00c2\u00a0\u00c2\u00a0 But what exactly is a &#8220;startup&#8221;?\u00c2\u00a0 Different people put different meaning in the word, and sometimes it gets very confusing.\u00c2\u00a0 Here is one example I came across recently: \u00c2\u00a0The reason I get asked this is that I left a perfectly good start up called &hellip; <a href=\"https:\/\/mamchenkov.net\/wordpress\/2007\/12\/05\/what-is-a-startup\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">What is a startup?<\/span><\/a><\/p>\n<!-- google_ad_section_end -->\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false,"_links_to":"","_links_to_target":""},"categories":[1,2],"tags":[1968,1224,2962],"keyring_services":[],"class_list":["post-10954","post","type-post","status-publish","format-standard","hentry","category-general","category-personal","tag-business","tag-startups","tag-terminology"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.8 - aioseo.com -->\n\t<meta name=\"description\" content=\"There is a lot of talk about startups on the web.\u00c2 \u00c2 But what exactly is a &quot;startup&quot;?\u00c2 Different people put different meaning in the word, and sometimes it gets very confusing.\u00c2 Here is one example I came across recently: \u00c2 The reason I get asked this is that I left a perfectly good start up called\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"Leonid Mamchenkov\"\/>\n\t<meta name=\"google-site-verification\" content=\"VHvdD0_usx1_4DzKy_QCVcICVgX2EgA2ybELT-wl7kQ\" \/>\n\t<link rel=\"canonical\" href=\"https:\/\/mamchenkov.net\/wordpress\/2007\/12\/05\/what-is-a-startup\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 4.9.8\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"Leonid Mamchenkov - Life, universe, and everything else\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"What is a startup? 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Being newly founded does not in itself make a company a startup. Nor is it necessary for a startup to work on technology, or take venture funding, or have some sort of \"exit.\" The only essential thing is\u2026","rel":"","context":"In &quot;All&quot;","block_context":{"text":"All","link":"https:\/\/mamchenkov.net\/wordpress\/category\/general\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":24776,"url":"https:\/\/mamchenkov.net\/wordpress\/2015\/09\/28\/startup-metrics\/","url_meta":{"origin":10954,"position":1},"title":"Startup Metrics","author":"Leonid Mamchenkov","date":"September 28, 2015","format":false,"excerpt":"The\u00a0$4 billion venture capital firm Andreessen Horowitz is sharing some of the startup metrics that they use (part 1, part 2). \u00a0Here they are just for the overview, follow through to the blog posts for details: Bookings vs. Revenue Recurring Revenue vs. Total Revenue Gross Profit Total Contract Value vs.\u2026","rel":"","context":"In &quot;All&quot;","block_context":{"text":"All","link":"https:\/\/mamchenkov.net\/wordpress\/category\/general\/"},"img":{"alt_text":"truncating y-axis","src":"https:\/\/i0.wp.com\/mamchenkov.net\/wordpress\/wp-content\/uploads\/2015\/09\/truncating-y-axis-500x301.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":10420,"url":"https:\/\/mamchenkov.net\/wordpress\/2006\/08\/24\/startups-are-hard\/","url_meta":{"origin":10954,"position":2},"title":"Startups are hard","author":"Leonid Mamchenkov","date":"August 24, 2006","format":false,"excerpt":"There is no doubt about it. Startups are hard. You have to do everything -- and I mean everything -- yourself. Greg Linden lists a bunch of things you are very likely to do yourself in a startup. Check it out and think again.","rel":"","context":"In &quot;All&quot;","block_context":{"text":"All","link":"https:\/\/mamchenkov.net\/wordpress\/category\/general\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":15093,"url":"https:\/\/mamchenkov.net\/wordpress\/2011\/06\/11\/china-is-coming\/","url_meta":{"origin":10954,"position":3},"title":"China is coming","author":"Leonid Mamchenkov","date":"June 11, 2011","format":false,"excerpt":"These days, when discussing globalization with my friends, the discussion often touches upon China. \u00a0And more often than not I hear skepticism when suggesting that China's role is becoming more important and more\u00a0influential. \u00a0While I am of the opinion that China is in its early stages of being a global\u2026","rel":"","context":"In &quot;All&quot;","block_context":{"text":"All","link":"https:\/\/mamchenkov.net\/wordpress\/category\/general\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":28188,"url":"https:\/\/mamchenkov.net\/wordpress\/2017\/11\/07\/after-the-end-of-the-startup-era\/","url_meta":{"origin":10954,"position":4},"title":"After the end of the startup era","author":"Leonid Mamchenkov","date":"November 7, 2017","format":false,"excerpt":"TechCrunch is running the \"After the end of the startup era\" article, which essentially says this: We live in a new world now, and it favors the big, not the small. The pendulum has already begun to swing back. Big businesses and executives, rather than startups and entrepreneurs, will own\u2026","rel":"","context":"In &quot;All&quot;","block_context":{"text":"All","link":"https:\/\/mamchenkov.net\/wordpress\/category\/general\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/mamchenkov.net\/wordpress\/wp-content\/uploads\/2017\/11\/DiffusionOfInnovation-500x309.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":17931,"url":"https:\/\/mamchenkov.net\/wordpress\/2013\/03\/25\/british-airways-to-hold-a-hackathon-on-a-plane-above-the-atlantic-ocean\/","url_meta":{"origin":10954,"position":5},"title":"British Airways to hold a hackathon on a plane above the Atlantic\u00a0ocean","author":"Leonid Mamchenkov","date":"March 25, 2013","format":"link","excerpt":"British Airways to hold a hackathon on a plane above the Atlantic\u00a0ocean Isn't that awesome? As plane journeys are starting to get increasingly more entertaining with Wi-Fi onboard, Harlem Shakes, and cellphone service, British Airways is taking things a step further. 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