Startup Meaning: Definition, Examples, and Translations
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startup
[หstษหrtสp ]
Definition
business venture
A startup is a newly established business, typically in the early stages of operation. These companies aim to bring a unique product or service to market and often seek outside funding to grow quickly and scale operations. Startups are often associated with innovation and technology.
Synonyms
entrepreneurial company, new business, new venture.
Examples of usage
- She launched her software startup to revolutionize online learning.
- Many investors are interested in funding tech startups.
- The startup ecosystem thrives in Silicon Valley.
Translations
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Origin of 'startup'
The term 'startup' originated in the 1970s and was used to describe new ventures, particularly in the tech industry that were rising alongside the rapid advancements in technology. The word is a blend of 'start', which means to begin, and 'up', suggesting movement or growth. Its prominence grew in the 1990s during the dot-com boom when technology and internet-based companies rapidly emerged. The internet revolution created opportunities for entrepreneurs to start new projects with relatively low overhead and the potential for exponential growth, giving birth to the 'startup culture'. This culture emphasizes innovation, agility, and a willingness to take risks, often contrasted with traditional business models. Today, startups are seen as a crucial part of the economy, driving job creation and technological advancement.