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I've found that the best definition for "startup" that I've come up with is that a startup is a business that seeks a future liquidity event. A web company that is one guy's lifestyle business selling tv stands isn't a startup any more than a small family owned restaurant. But a restaurant chain like Chipotle is a startup -- at least, until they were bought by McDonalds.

Thus there are startups in and outside the tech world.




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