Different Kinds of Start-Up

Mika

VIP Contributor
A Start-Up is a business in its initial stage. A start-up is launched by two or more entrepreneurs with their own pocket money.

Whether you want to invest in start-ups or want to start up yourself, you need to understand different types of start-ups. Here are 6 major types of start-ups:

Buyable start-ups: These are the companies that are built in order to sell them to other companies. Youtube was sold to Google, Whatsapp was sold to Facebook, etc.

Lifestyle Start-ups: This is a company formed for self-employment purposes

Scalable start-ups: These are the start-ups that are looking forward to scaling themselves by seeking capital.

Small Business Start-ups: These starts-up are the business intended to remain small and serve the small market

Offshoot start-ups: These start-ups branch off from bigger companies.

Social start-ups: These start-ups are launched as no-profit companies.

These 6 types of start-ups are based on Steve Blank’s definition. Steve Blank is an author, educator, and entrepreneur, in the United States.
 
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