The Brick-and-Mortar Business Evolution: Storefronts Now Act Like Startups

Whether it's a software company bootstrapping its way from a San Francisco studio or a shoe shop opening its doors somewhere on Main Street — technically speaking, every new business could be called a startup at the beginning.

But certain characteristics of certain startups — in the tech-sector, in particular — are different from shoe stores, bakeries and your typical boutique. Tech startups are known for growing via rounds of funding, as opposed to small business loans, for example, and the shoe store often enters the market as a joiner, while the tech company almost always looks for an opportunity to disrupt the market it enters. Read more...