What exactly is a startup?

Recently, I met few engineers who thought they'd rather be working for a startup than writing reports for a big MNC 😀 !

Now the question is - what according to you is a 'startup'? Is it couple of engineers sitting together with their laptops in a garage or in the basement? Or is it something that you do part-time while holding on to your regular job?

What do you think? What is a 'startup'?

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  • Mayur Pathak
    Mayur Pathak

    @mayur-ywQKfu • Sep 23, 2008

    The companies started by first time entrepreneurs are called as start ups. Since they are new, you have ample opportunities to grow because of the freedom you enjoy. Moreover new companies mostly work on latest ideas. So they tend to attract more guys.

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  • Kaustubh Katdare
    Kaustubh Katdare

    @thebigk • Sep 23, 2008

    Would you call a 'part time' venture a startup?

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  • Mayur Pathak
    Mayur Pathak

    @mayur-ywQKfu • Sep 23, 2008

    The_Big_KWould you call a 'part time' venture a startup?

    If its a full fledged venture then why not?

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  • Kaustubh Katdare
    Kaustubh Katdare

    @thebigk • Sep 23, 2008

    What's a full fledged venture?

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  • Mayur Pathak
    Mayur Pathak

    @mayur-ywQKfu • Sep 23, 2008

    The_Big_KWhat's a full fledged venture?

    A registered company.

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