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What is Startup?

Definition and meaning of Startup:

A startup is an early-stage company focused on validating business ideas and testing markets.

Startups are often ambitious, disruptive, and fast-paced, with a creative approach to business. There are many great products that people don’t need. So to cut risks, they create MVPs, rapidly test hypotheses and adjust their products to people’s needs.

Startups begin with a vision to innovate and solve a problem. For example, Uber didn’t invent taxis; they made it easier for people to order them. Apple didn’t create computers; they made them better and more user-friendly.


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