What defines a start-up?

Although a start-up is a company in the first stages of its operations just like many others, they are defined by their focus on disrupting an industry and driving top-line revenue at a fast pace through the development of a repeatable and scalable business model. Start-ups, which are typically tech-based, normally require heavy funding by investors with a much larger element of risk. Think of AirBnB, Uber, and Facebook in their beginning stages, all of which completely revoutionised their industry before quickly becoming corporate giants.

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