Do Startups Matter?

The rise of the "lean startup" hasn't led to an era of economic bounty.

Something big could begin in here -- or maybe not.

Photographer: David Paul Morris/Getty Images

You’re familiar with “lean startups,” no? Travel in certain circlesread certain publications, or simply use a smartphone, and these agile little companies will confront you at every turn, talking to their customers, pivoting, iterating, bringing minimum viable products to market, selling out to Facebook for $22 billion -- all that fun stuff.

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