What is Startup?
A startup is a young company built to develop a scalable business model around an innovative product or service, often growing quickly and seeking outside funding.
Example
A two-person team building an app and raising money from investors to grow fast is a classic startup.
Related terms
Bootstrapping
Bootstrapping is building a company using personal savings and revenue rather than outside investment, keeping founders in control but limiting how fast they can spend.
SaaS
SaaS (Software as a Service) is a model where software is hosted in the cloud and accessed via subscription over the internet, rather than installed and owned outright.
ROI
ROI (Return on Investment) measures the profit or loss from an investment relative to its cost, usually as a percentage. It is a common way to compare the efficiency of investments.