A
startup company or
startup or
start-up is an
entrepreneurial venture or a new
business in the form of a
company, a
partnership or temporary organization designed to search for a repeatable and
scalable business model. These companies, generally newly created, are
innovative in a process of
development, validation and research for target
markets. The term became internationally widespread during the
dot-com bubble when a great number of
dot-com companies were founded. Because of this history, startups are often assumed to be solely technology-based companies, but this is not necessarily true: the essence of startups is generally related to the concepts of ambition, innovation, scalability, and growth.