A startup company is a new business that is often focused on developing a unique product or service. These companies typically aim to grow quickly and attract investment to help them scale. Startups are usually founded by entrepreneurs who are passionate about their ideas and want to solve specific problems in the market.
Many startups operate in the technology sector, but they can be found in various industries, including healthcare, finance, and retail. They often seek funding from venture capitalists or through crowdfunding platforms to support their growth. The journey of a startup can be exciting but also challenging, as they navigate competition and market demands.