>>18830154AEW was never a startup company actually. It was and still is a hobby for a rich kid. He hired people who were already professional wrestlers, producers who already worked in professionalthe field, bought another wrestling company that already existed, and has never had to turn a profit.
That is not a startup. The following factors would constitute the Key Characteristics of a Startup:
Rapid Growth Focus: Startups aim for fast scaling and expansion, not just steady revenue
>They have no growth, they are still unprofitable 6 years later, with a smaller audience.Innovative Business Model: They seek to prove a unique, repeatable, and scalable business model, rather than just adopting an existing one
>They are WWE lite, nothing they have done has been unique, nor scalable. They are repeatable though, it is the same bullshit every week for 6 years.Limited Resources: They typically operate with limited resources and may have a smaller, more agile team
>LMFAO that is the exact opposite of AEW. It is all Tony's dad's checkbookExternal Funding: Instead of relying on bank loans or bootstrapping, startups often seek funding from venture capitalists or angel investors
>It is family money, the opposite external funding.Market Disruption: Many startups aim to disrupt existing industries or create entirely new markets with their offerings
>They did disrupt WWE's wrestling school by spending 25 times more money, but the market as a whole, WWE makes way more now. If anything AEW being so horribly awful showed WWE was worth much more.Scalability: The business model is designed to be scalable, allowing for significant growth without a proportional increase in costs
>Tony has increased his cost significantly, while his consumer base has shrunk.High Risk, High Reward: Due to their innovative and uncharted territory nature, startups carry a higher risk of failure but also offer the potential for significant returns
>There is no risk, its his daddys money