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Do I want it?

Is it by a startup?

No.

(A ‘startup’ is not just any new small business. It’s a temporary venture capital funded company that must either fail fast or exit. An exit is where you’re either bought by Big Tech or become Big Tech through an IPO. To understand this better, if you have a sustainable small company, a startup is what will put you out of business.)

@aral Is this a generally accepted meaning of 'startup'? I always thought the term refers to any type of new company, but have no clue.

@t0k People do, wrongly, use it to refer to any type of new company. And that’s just great as far as Silicon Valley and venture capitalists are concerned. They know what a real startup is but if there sustainable, ethical companies that self-identify using the term, that’s great for the brand. They can turn to those and say ‘look, not all startups are toxic, extractive, exploitative ventures…’ So it helps them a lot in resisting regulation…

@aral @t0k

That's interesting to know, thanks. I was wrongly thinking any new company was termed a startup (Even referring to my own attempts as such - luckily only said in my own head, not to others 😅)

Aral Balkan

@christian @t0k If you don’t have VC and aren’t trying to grow as large as possible while screwing people over by mining them for their data and engaging in other extractive and exploitative practices, then, no, you’re not a startup. You’re way better than a startup. So, yes, you don’t need to legitimise their toxic funding and business model with your business. Hopefully, you’re a stayup :)

@aral @t0k Yep absolutely no plans to screw people over or exploit them - heck, I don't even want to grow super large, ideal if it stayed just just my partner and myself 😅

Will start referring to it as Stayups instead of startup from now on 😊

@christian @aral @t0k that’s often sneeringly called a “lifestyle” business, because for some reason these folks think you need a subcategory for “a business designed to serve a market and make a living wage for all involved without trying to balloon into something unsustainable by its founders.”

Personally I’m comfortable just referring to “unrestrained growth with no thoughts to sustainability or benefit” by its proper term of “cancer” and calling it a day.