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I'm not sure this part works: "to grow by a large factor (10x or more)".

Most businesses I come across that describe themselves as startups and fit the rest of the definition, haven't yet got themselves to a point where a 10x improvement over the next year would make them that significant.

I'm specifically thinking of participants in accelerator programes like YC, TechStars, Start-Up Chile and SeedCamp.

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