Startup?

The term “startup” has been so famous around the world with an increasing frequency over the past few years to describe unsure young ventures, anything-app, and huge tech companies. Before we all start using the term frequently, let's take a look at what can be called a startup. Here are some people defining startup and the criterion.

“A startup is a company working to solve a problem where the solution is not obvious and success is not guaranteed.” -Neil Blumenthal, cofounder and co-CEO of Warby Parker.
"A startup is a group of people working towards a common goal, generally with limited time. It's never too big. A startup ceases when everyone involved stops working there."- Iqram Magdon-Ismail, cofounder of Venmo.
"You know you are a startup when you are a small, high-growth company based on a big idea. A mentor once told me 'a startup is simply a series of experiments looking for evidence of repeatable outcomes.'"- Ariel Garten, cofounder and CEO of InteraXon.
“A startup is a business idea that has minimal traction. In my experience, a founder has to be a “jack of all trades” and able to pivot with an evolving idea. Reality is, a startup has minimal structure and a lot of passion.""Being a startup is more of a mentality. You are always working to gain more market share and build a product that is perfect (even though it never will be). You cease to be a startup when you decide."- Daniel Roubichaud, Founder of PasswordBox.
"Startup is a state of mind. It's when people join your company and are still making the explicit decision to forgo stability in exchange for the promise of tremendous growth and the excitement of making immediate impact.""A company ceases being a startup when there is little to no short-term volatility in running the business. While there are still hard decisions to be made and volatility perhaps exists on a longer time scale, for example quarter to quarter, day-to-day operations seem very stable to employees and continuous immediate impact is not guaranteed."- Adora Cheung, cofounder of Homejoy.