Startups often require _____ to launch and grow.
Understand the Problem
The question is asking about the essential resources or elements that startups typically need in order to successfully launch and grow their business.
Answer
Significant, high-risk investments.
Startups often require significant, high-risk investments to launch and grow.
Answer for screen readers
Startups often require significant, high-risk investments to launch and grow.
More Information
Startups typically need significant financial resources to support their initial operations and to scale aggressively, due to inherent uncertainties and challenges in their early stages.
Tips
A common mistake is to underestimate the financial resources required for a startup to reach profitability, which can lead to insufficient funding and potential failure.
Sources
- What a Startup Is and What's Involved in Getting One Off the Ground - investopedia.com
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