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What is Startup?

Crypto Terms Glossary: What is Startup?

A startup is a recently launched company that is in the early stages of its development lifecycle. A startup is generally an entrepreneurial pursuit founded using capital supplied by the founding team itself and perhaps immediate friends or family. Startups must work hard to develop a strong business model (often with a prototype), with hopes of securing additional investment from high-net-worth individuals (HNWIs), venture capitalists (VCs), and other means of funding.

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