Business, Legal & Accounting Glossary
the beginning of a new company or new product a new, usually small business that is just beginning its operations, especially a new business supported by venture capital and in a sector where new technologies are used
A start-up is a new business first coming together.
Often the founders begin with a good idea and operate with money borrowed on the principals’ credit cards. When the idea looks promising they prepare a business plan and begin looking for start-up capital, often from a venture capital firm.
The payoff for the founders and the early investors is often the IPO taking the company public.
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This glossary post was last updated: 28th November, 2021 | 0 Views.