From single founders with no team to some of the biggest tech companies in the world, our definition of “startup” is extremely broad — and very unclear.
While most people wouldn’t put Uber and Facebook in the same category as the apps and games and services being hatched in co-working spaces across the country, they’re all still referred to as startups (and sometimes seen as "start-ups").
So what is a startup company, anyway?
Perhaps the most popular definition of a startup meaning is from Eric Ries, the creator of the Lean Startup methodology:
“A startup is a human institution designed to create a new product or service under conditions of extreme uncertainty.”
Startups.com Co-Founder and CEO Wil Schroter has his own definition of what ...