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Comment by maverick-iceman

A startup is a company which faces significant risk of its equity going to zero, which has also never had a period in which the risk of its equity going to zero was negligible.

Tesla is still a startup, so is Rivian

Google is not a startup, Bank of America back in 2009 wasn't a startup although risk of equity going to zero was huge, but it had a darn long spell in which the risk was nonexistent.

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