What’s the difference between a “startup” and just a new company?
In: Economics
Start-up is a smart therm for new business…
but let me give you an example, in my town there have just started a new bakery, that is something that already exists, therefore it is just a new company
But the guys running it does something new for a bakery in my town: only sourdough, originally only open weekend (this week was first time open on Wednesday also), opens at 10, close when sold out, and active social media… And they have big success, they are a start up, unlike if they just had make a traditional bakery with cakes, buns and bread, and open before 6 and open all day…
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