That's what people are trying to tell each other but it's BS. For every start-up that made it there are 1000 SME's that didn't. Usually you only know that your company has the potential to succeed big quite a few years after you've started it.
The whole idea that world wide scale companies are the only ones that deserve the label 'start-up' should die, it's a SV born re-purposing of words to suit a particular agenda.
Startups raise funds, try to build a big scale business as fast as possible and sometimes become profitable because they became big enough fast enough.
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That's what people are trying to tell each other but it's BS. For every start-up that made it there are 1000 SME's that didn't. Usually you only know that your company has the potential to succeed big quite a few years after you've started it.
The whole idea that world wide scale companies are the only ones that deserve the label 'start-up' should die, it's a SV born re-purposing of words to suit a particular agenda.
They can, but they don't have to.