QUEST Training Workshop (Phnom Penh), May 2017 Edition Quest WorkshopV2 | Page 5

Definition of a start-up: “..any original new business initiative by a founding team that is focused on a high-growth, risk/reward profile, scalability, and market leadership…. The startup phase often ends when a company crosses certain growth milestones, most often when it hits profitability, is publicly traded, or is acquired.” (Kidder, David. “The Startup Playbook.”)