Company
Date Published
Author
Justin Pot
Word count
995
Language
English
Hacker News points
None

Summary

The text discusses the blurred lines between the terms "startup" and "small business". The author argues that there is no universally agreed-upon definition of what constitutes a startup, with varying opinions among experts. However, many define startups as companies focused on growth, particularly rapid expansion into large international markets, often driven by novel ideas. This focus on growth leads to distinct differences in decision-making and objectives between startups and small businesses, which are typically more sustainable and community-focused. The lines between these categories can be blurry, with some companies embodying characteristics of both.