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Startup company Facts for Kids. Kiddle Encyclopedia.
Startup company facts for kids
A startup company (startup or start-up) is a new and fast-growing company. They try to meet a marketplace need, offering an innovative product, process or service.
A start-up is usually a small business, a partnership or an organization. Rapid growth is what they aim for. Often, startup companies use the internet, e-commerce, computers, and telecommunications.
The term became fashionable in the dot-com bubble of the late 1990s, when a great number of internet-based companies were formed.
Images for kids
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Startup development phases
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A strong startup ecosystem is vital to a thriving local entrepreneurial culture.
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Diagram of the typical financing cycle for a startup company.