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Author Topic: What is the difference between startup and a normal business ?  (Read 2569 times)

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What is the difference between startup and a normal business ?
« on: December 14, 2018, 10:17:19 pm »
Usually startups has a tech aspect, but they can still operate in traditional fields ...
Take for example uber, it's like a taxi service but rely on an app

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What is the difference between startup and a normal business ?
« on: December 14, 2018, 10:17:19 pm »


Akicage

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Re: What is the difference between startup and a normal business ?
« Reply #1 on: April 16, 2019, 09:34:46 pm »
I think startup is something with not predictable outcome, nobody knows what will be in the end, and yes it's almost always related to IT field. While in usual business model you some business plan for that and you can calculate some usual risks and potential outcomes.

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Re: What is the difference between startup and a normal business ?
« Reply #1 on: April 16, 2019, 09:34:46 pm »

sologub

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Re: What is the difference between startup and a normal business ?
« Reply #2 on: May 06, 2019, 12:15:24 pm »
A startup is a high-risk project. But I do not agree that it is impossible to calculate the risks. If this were so, the venture capital market could not exist and reach a size of $160B for 2018.

 

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