The line between startup and scaleup can be quite murky, but most agree that a startup becomes a scaleup once the “growth chasm” is crossed –– meaning they’ve solved challenges like market research and development, and have identified a scalable business model.
According to academics, a scaleup is, “a high growth firm whose accelerated cycle of growth and wealth creation is fundamentally based on the scalability of its business model.”
But having solved those initial problems, new problems arise. Techleap.nl, a team dedicated to empowering Dutch tech companies, recently released a series of video interviews in which they ask successful scaleup founders about the biggest issues they’ve encountered while growing. Hiring the right people and maintaining a close-knit community was one of them: