Startups are newly established businesses, often in the technology sector, that aim to develop a unique product or service and bring it to market. They typically seek funding from investors to scale their operations and achieve rapid growth. Startups are characterized by their innovative approaches and potential for high returns, but they also face significant risks and challenges. The startup ecosystem is vibrant and dynamic, with many entrepreneurs striving to disrupt traditional industries. Successful startups can evolve into major companies, contributing to economic growth and job creation. Notable examples include Uber, Airbnb, and Slack, which have transformed their respective markets.