When is a startup not a startup anymore?
We were debating the question of whether Atlassian is a startup anymore last week.
When exactly does a startup stop being a startup?
Do we still count? (with ~100 employees & ~$20m in revenue)
Dan Farber took a poll on this at ZDNet a month ago and the top rating response to the question was when the startup is “profitable and finally figuring a viable business model”.
By that definition, Atlassian hasn’t been a startup for 4 years. In some ways though I think that ‘being a startup’ is somewhat more of a mindset than a particular milestone or point in time.
Scott however came up with his own definition last week which I had to blog (and by which we still qualify):
A startup is still a startup as long as their is no lock on the stationery cupboard.
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