What’s the difference between a “startup” and just a new company?

Question

What’s the difference between a “startup” and just a new company?

In: Economics

Answer 1

I like [Steve Blank’s] (https://www.youtube.com/watch?v=ApjXY3Mh0xI&ab_channel=gigaom) definition of a startup – it is a business in search of a business model. Once it has product-market fit then it graduates into a grown-up.