Another thing that's more than half a decade old is your objection. The term "startup" has come to have a broad meaning. The meaning of words changes over time. Fortunately, new terms often come along to fill gaps. In this case there is the term early-stage startup.
Often, a "startup" just means a private company that plans to go public but hasn't done so yet (as opposed to already public companies, and private companies that don't plan on going public)
No, that sounds like a private company trying to sound trendy.
A startup has a small number of employees to start with and a 2 - 3 year window to go big, fizzle out, or pivot into a small - medium sized business. You're not a "startup" forever, nor does eventually marketing yourself as one, actually make you one.
I mean, sure, but the fact that the objection is old doesn't mean it's wrong. While I wouldn't say there's a clear cutoff point in terms of time or employees between "startup" and "not a startup," there's got to be some point at which we say "company X was a startup, but really isn't one now."
Google was a startup, but we wouldn't call it one now any more than we'd call Apple a startup, right? How about Facebook? They're younger, they pushed that whole "move fast and break things" schtick. But with a billion users and worldwide offices and an actual corporate campus, I'm gonna say "no, not anymore," aren't you?
So I think it's fair to ask whether Airbnb, a profitable company with 12,000 employees and annual revenues of $3B+ for the last few years, can really be called a "startup" now. They were a startup. But now? Eh...
This just sounds like marketing spin. It's hip to be a "startup" because that conjures up the idea that the company possesses certain advantages over larger organizations, even if it doesn't anymore.
>>Another thing that's almost a decade old is your objection. The term "startup" has come to have a broad meaning. The meaning of words changes over time.
They use the word "startup" when it serves their interests. Yet, we don't call 10 year olds babies. Too bad
Companies are called start ups by people old enough to clearly remember when they really were just a start up, and haven't internalized just how long ago that really was.