“One can steal ideas, but no one can steal execution or passion.”
the founders of these companies have aspirations to grow very quickly, independent of geographic boundaries.
According to Steve Blank, “A startup is a temporary organization formed to search for a repeatable and scalable business model.”3
a startup is not a small version of some future big company. It is a series of experiments in the search of a scalable business.
The idea is durable: It is not a fad and will last long enough to allow for monetization.
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