Entity: STARTUPS
Startups are new companies founded to develop innovative products or services, often in the early stages of operation. They are typically financed by founders and investors and aim to disrupt traditional industries with their unique offerings.
STARTUPS
Etymology
The term 'startup' originated from the idea of starting up a new business or venture.
Definition
A startup is a fledgling business enterprise in the early stage of its operations, usually financed by its founders and investors. Startups are known for their innovative products or services and their potential to disrupt traditional industries.
Historical Context
Startups have gained prominence in recent decades with the rise of technology and the internet. Silicon Valley in the United States is often considered the hub of startup culture.
Cultural Significance
Startups are seen as drivers of innovation and economic growth, attracting entrepreneurs, investors, and talent from around the world.
Related Concepts
- Entrepreneurship
- Venture capital
- Innovation
See Also
- Startup Glossary | Essential Terms Every Entrepreneur Should Know
- Startup Dictionary: 40 of the most common startup buzzwords briefly explained | EU-Startups
- START-UP Definition & Meaning - Merriam-Webster
- What a Startup Is and What's Involved in Getting One Off the Ground
- What Is a Startup: Definition, Main Types, and Funding
A startup is a fledgling business enterprise in the early stage of its operations, usually financed by its founders and investors. Startups are known for their innovative products or services and their potential to disrupt traditional industries.