This doesn’t feel like news to me? A tech startup that has 18 months of runway is pretty good honestly. The story is the quantity of cash involved in that runway.
Edit: Startup might be the wrong term but Uber raised money every 18months at least for 10 years till it was finally profitable in 2023. My point is more that saying an unprofitable but massive company only has 18months of cash isn’t a new development. The new development is that the 18 months of cash is an order or two of magnitude more than prior companies.
I feel like they are signing many commitments way beyond that timeline.. some of them possible circular with the possibility to really dent the economy at scale. That’s the part that makes it news.
What does "tech startup" actually mean. Is there a concise, unambiguous definition
Putting aside the ambiguous term "tech", why not just use the term "company"
The term "company" can be defined concisely as, e.g., "an association of persons for the purpose of carrying on some enterprise or business". Note there is no need to refer to an example company
Is it possible to define "startup" without referring to an example startup
Comments
This doesn’t feel like news to me? A tech startup that has 18 months of runway is pretty good honestly. The story is the quantity of cash involved in that runway.
Edit: Startup might be the wrong term but Uber raised money every 18months at least for 10 years till it was finally profitable in 2023. My point is more that saying an unprofitable but massive company only has 18months of cash isn’t a new development. The new development is that the 18 months of cash is an order or two of magnitude more than prior companies.
I feel like they are signing many commitments way beyond that timeline.. some of them possible circular with the possibility to really dent the economy at scale. That’s the part that makes it news.
I don’t think OpenAI could be considered a startup anymore.
Does the term "startup" appear in any dictionaries before 1993
Post-1993, a Wikipedia search for "tech startup" redirects to the page for "startup company". Interestingly, it contains a reference to YC
The definition of "startup company" provided relies on a single reference to a 2013 Forbes article
https://web.archive.org/web/20131217064510if_/http://www.for...
What does "tech startup" actually mean. Is there a concise, unambiguous definition
Putting aside the ambiguous term "tech", why not just use the term "company"
The term "company" can be defined concisely as, e.g., "an association of persons for the purpose of carrying on some enterprise or business". Note there is no need to refer to an example company
Is it possible to define "startup" without referring to an example startup
Is OpenAI really a “tech startup” at this point?
It is until it IPOs or is profitable.