Sunday, 20 November 2016

Pros and Cons of Joining / Working at a startup

Pros and Cons IMG
Recently, there was a Placement drive in my college. After getting the details I came to know that the hiring company was a startup.
All of us today vaguely know what a startup is, but when it comes to details most of us are not usually aware of what a startup actually is.

What actually is a startup ?

As defined by Wikipedia,
A startup company (startup or start-up) is an entrepreneurial venture which is typically a newly emerged, fast-growing business that aims to meet a marketplace need by developing or offering an innovative product, process or service. A startup is usually a company such as a small business, a partnership or an organization designed to rapidly develop scalable business model.Often, startup companies deploy technologies, such as Internet, e-commerce, computers, telecommunications, or robotics. These companies are generally involved in the design and implementation of the innovative processes of the development, validation and research for target markets.While start-ups do not all operate in technology realms, the term became internationally widespread during the dot-com bubble in the late 1990s, when a great number of Internet-based companies were founded.