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That's my question...when does an idea become a startup? After the first all night hack-a-thon? After you set up your "coming soon" page? When the first person quits his day job? Depending on what we're calling a startup, that 90% number can be very reassuring or very depressing.


In my own personal view, quitting your day job is the indication you've embarked on a start up.


The stats I think consider only the startups that were incorporated (if that's the right word).




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