A startup is a business venture that has just been created and is in the early stages of its operations. It is easy to confuse it with a small business that has just started up. A newly-launched restaurant, for example, does not qualify as a startup.

Forbes magazine suggests that a startup has the ability to grow and scale quickly, without any concern for geographic constraints. It also must be trying to address a problem where the solution is not obvious, and success is not guaranteed.

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