The word "startup" often doesn't mean what people think it means.
What people think it means: An innovative new tech company that uses the lean startup and agile development methodologies. The business has a small team that tests hypothesis by creating minimum viable products that are reproducable, and can be scaled up rapidly.
What it actually means: A new tech company that often has no business plan, and creates the minimum product it needs to grift money from venture capitalists. The VCs, in turn, hope that cash and hype will allow them to either grift a takeover out of a big tech company (like Google or Microsoft) that's trying to protect a monopoly, or grift cash from Wall Street.
#startup