To people who don't understand startups, it seems overreaching and even irresponsible that they focus so much on growth. People who do know that when you're making something new, this is the only way to know if it's what users want.
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But is it? You can serve a small niche of users, focusing on profitability rather than growth, & know it’s something users want
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This would mean (which I haven't heard in any definition of a startup) that a feature is to not be focused on profitability. The interesting thing about that is that is not coming from customers. That's capital that's said we'll worry about money in a couple years cz they have $
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Feel like everyone here is just talking past each other. I could be wrong here, but growth is defined broadly. Maybe daily average users. Maybe overall cash inflow. Maybe total customers. All changes depending on timeline of business. Key is focus on "growth" today to maximize
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!!!! ?
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That just sounds like a “no true Scotsman” fallacy
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Hey
@paulg I think that's your perspective of what you think a startup should be. The standard definition of a startup as per the dictionary or Google or what is commonly believed is that a startup is 'a newly established business' or 'the process of setting something in motion' -
Tell me more about this "the dictionary."
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That’s exactly what a startup is. A new ordinary business. You are clearly talking about ScaleUps, a business designed from the get-go to scale to millions of users and multiple markets. Nothing wrong with the two approaches. Founders evolve and with them so does their approach.
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This definition of startups based on growth and number of users is just so problematic. By this measure, the porn industry and opioid makers are the most successful "startups" in the world.
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Have you ever thought that this model is wrong? The SV startup model became popular after the 1970s. That's when the US departed from the Gold Standard and started printing money.
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While we’re talking style, I object to the qualifiers you used,... you could as easily have written “then it is a business not just a startup” let’s not pretend that doing a business is a bad idea just because you’d rather glorify something else.
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