Quote of the Day: Dave McClure – 6 – A Startup Definition

“a “startup” is a company that is confused about 1) what its product is, 2) who its customers are, and 3) how to make money.

As soon as it figures out all 3 things, it ceases to be a startup and then becomes a real business.

Except most times, that doesn’t happen.”

Dave McClure, 500 Startups, on Quora (read here).



Join the discussion