Customer discovery is the process of translating a founder's vision for the company into hypotheses about each component of the business model and creating a set of experiments to test each hypothesis.
Describing something as the 'Woodstock of...' has taken to mean a one-of-a-kind historic gathering.
Creating a vertically oriented regional ecosystem is a pretty amazing accomplishment for any country or industry.
Startups are companies that are still in the process of searching for a business model. Ventures that are further along and executing their business models are no longer startups; they are early-stage companies.
Not all new ventures are at the same stage of maturity.
One can make the case that the New York venture capital industry is rooted in the 21st century, not the 20th.