“A startup is a recently founded company.” That is currently a widespread opinion. But not every newly started company can be described as a startup, even if this often done incorrectly!
It has an innovative business idea or problem solution. And the company is founded to grow strongly and achieve high value.
The plan to scale quickly and thus achieve rapid growth in a short time is a unique feature of StartUps.
The growth in connection with an innovative concept may result in a disruption of well-known business models.
It means that startups break down existing structures and replace them with their innovations within a few years.
There are startups in all industries, and innovations can realize everywhere. But there is an intense concentration in future productions. The following areas deserve mention as examples:
The world’s best-known, now established, and billion-dollar startups such as Facebook, PayPal, and Tesla come from the industries mentioned.
Conventional bank loans are usually out of the question for a startup; the institutions shy away from the risk. Therefore, the founders have to find alternative sources of finance. Three options play the most crucial role:
Startup finance is like a company development in several stages.
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