Startup: (n) a specific type of temporary tech company that comes into existence by selling its future users to investors.
#venturecapital
@MarkLittlewood @annajayne Indeed; yet that's what those folks mean when they say startup and they coined/champion the term with $$$.
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@aral@MarkLittlewood That doesn't mean they're right. The Oxford English dictionary defines "Startup" as "A newly established business". -
@annajayne@MarkLittlewood But when Google invests $100M in startups in the UK, they make a $100M case for the meaning they promote. -
@aral@MarkLittlewood That's just the way marketing works. But they don't write the dictionary. -
@annajayne@MarkLittlewood Also, they use exactly that language to get governments & policymakers to support their business model. -
@aral@MarkLittlewood The fact that big business always promotes it's own interests and worldview is nothing new or novel.
End of conversation
New conversation -
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