Entrepreneur. Angels. Venture capital. Innovation. Acquisitions. And, of course, the ubiquitous ‘startup’. All these terms have become part of the imagination of a large section of the current generation. Events, blogs and articles on entrepreneurship and start-ups are proliferating.
Therefore, it might be naive to ask: What exactly is a start-up? Is the corner coffee or chai store a start-up? And what about an executive who starts a consulting company? Is every small business a start-up?