Startups, according to Matt Daniels

  • Me: What about Rapha?
  • Matt: Rapha isn't a startup.
  • Me: Wait, what the fuck is a startup, then?
  • Matt: It's a company in search of a business model.
  • Me: [Chuckle]
  • Matt: People think it's a company that has yet to make it into the mainstream.
  • Me: [Chuckle]
  • Matt: It's a company that isn't making money.
  • Matt: It's a company that is making money but not in the way they think they should be making money.
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