A scale-up is a startup that has demonstrated substantial growth and is poised for even faster expansion. The transition from startup to scale-up marks a turning point in the company's journey.
7. Ecosystem
The startup ecosystem is not just an average of startups sharing the market. It is a complex network of startups, investors, research institutions, service providers, incubators and accelerators working together.
8. Lean Startups
The Lean Start-Up concept is a business development model that aims to shorten lithuania number screening product development cycles. The idea is to quickly launch a minimum viable product (MVP), gather user feedback, adapt and improve the product.
9. Pin
In the context of a startup, a pivot refers to a drastic strategic change to help the company move in a new direction. The pivot can involve a change in product, market focus, or business model.
10. Venture Capital (VC)
Venture capital is a type of private investment provided to startups and small businesses that have the potential to grow to a large scale. In exchange for their funding, venture capitalists require a percentage of ownership in the company.
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rahmanmdshuvo
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