Startups are young companies founded with a new idea looking to disrupt the market. Entrepreneurs are driven by innovation and want to create entirely new products or services to cater to existing deficiencies in the market. We can also say that a startup has two main characteristics; innovation and growth. A startup's ability to scale really defines its potential impact on different markets. That’s why most of the startups are known for the disruption in their respective industries. But, not all startups succeed and the majority of them are prone to failure. According to Startup Genome, about 90% of startups completely fail, while 1.5% of startups end up with a successful exit of $50 million across the top eight U.S. startup networks. READ MORE