A start-up is a young company that promises great growth potential and is characterized by particularly innovative ideas. definition The English term “Startup” is a noun of the English verb “to start up” (sometimes “to set something in motion” or “to found”) and describes a relatively new company that is still young. The companies are in the early stages, but have particularly high growth potential and solve specific consumer problems and / or revolutionize the consumer experience. It is not uncommon for the influence of companies to change entire areas of society. Differentiation of the start-up from other companies Not every new company is commonly referred to as a start-up: Such companies have a high growth potential and convince primarily through innovative ideas that solve specific problems. Examples for start-up companies A newly founded bakery would not be called a start-up, even if it is of course a company. However,…
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