I would say a "startup" is a a company trying to find a business model that is scalable & repeatable. I would go as far as argue that a startup is any company pre Series funding i.e. seed.
Series A funding investor expectations are for the company to grow/scale. At that & subsequent funding phases the startup should be called a business. Not a startup.
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I would say a "startup" is a a company trying to find a business model that is scalable & repeatable. I would go as far as argue that a startup is any company pre Series funding i.e. seed.
Series A funding investor expectations are for the company to grow/scale. At that & subsequent funding phases the startup should be called a business. Not a startup.
Apparently, Fab is up to Series C ($105 million in July, 2012):
https://en.wikipedia.org/wiki/Fab.com#Funding