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"创业公司是旨在快速增长的公司。新成立本身并不能使公司成为创业公司。创业公司也不必一定要从事科技工作,或者接受风险投资,或者有某种“退出”。"

Paul Graham

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Simplified Meaning:

A startup is a business that aims to expand very quickly. Simply being a new company isn’t enough to call it a startup. It's not required for it to be involved with tech, get investment money, or have a clear plan to be bought out or go public. Take a small local bakery as an example: if it dreams of becoming a large chain with many branches very fast, it could be seen as a startup. However, just opening up the bakery without plans for quick growth wouldn’t make it a startup. To start and grow a startup, the focus should be on strategies that allow for rapid expansion, such as finding a big market problem to solve or developing a unique product that quickly attracts many customers. This mindset and goal of fast growth are what separate startups from other new small businesses.

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Business Business model Company Company growth Entrepreneurship Growth Innovation Startup Technology
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