What is the primary goal of a tech startup? 🔊
The primary goal of a tech startup is to develop an innovative product or service that satisfies a market need and scales rapidly. Startups aim to disrupt existing markets or create new ones through leveraging technology. They typically seek growth funding through investors, aiming for a market presence that can lead to potential acquisition or initial public offering (IPO) as they evolve from a small enterprise into a significant player in their industry.
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