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Glossary / Lexicon

What is a startup?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A startup is a young, fast-growing business sector typically based on innovation and technology and focused on rapid growth and revenue growth. Startups seek to turn new ideas into an emerging product or service that improves on what already exists or opens up entirely new opportunities. They are often created by young founders or entrepreneurs and often require investment to grow and thrive.
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