“A startup is an organization formed to search for a repeatable and scalable business model.” -Steve Blank
If we agree with that definition then:
- A small business is not a startup
- A large company is not a startup
- Non-profits and governments are not startups
Cut & paste from Intro to Lean Startup (https://www.slideshare.net/slideshow/intro-to-lean-aplp-ss/41009271)