ACCC could spoil startups' exit strategy The favourite exit strategy for Australian retail “disruptors”, get yourself acquired by Woolworths or Coles, is under threat – and startupville isn't happy. Last Thursday, Australian Competition and Consumer Commission chair Rod Sims pointed out the obvious: online retail startups only present a competitive challenge to …
I don't know, I think that "startup" implies quite clearly that the thing is not designed as a standalone business expected to make its own profit in a few years.
Sure, if you say your business is in a startup phase, or maybe even "do you want to invest in our startup?", fine. As soon as you say the startup IS the business, or a startup is a KIND of business, then you're talking buyout as a "strategy" once your VC dries up.
Are we talking about the German retailer founded (Wikipedia dixit) in 1913? That's one hell of a start-up phase.
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