Startups ecosystem Report
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Report introduction: Startups ecosystem Report
There are six common types of startups across a variety of industries, all of which have different approaches to scaling. This startups ecosystem report describes:
- Scalable startups: generally, they include tech companies and now Web3 companies. These startups hire the best workers and search for investors to boost the development of their ideas and scale. Examples of such startups include Google, Uber, Facebook, and Twitter.
- Small business startups: businesses created by regular people and are self-funded (e.g. bakers, groceries, hairdressers, etc.). Usually, they have a good site but don’t have an app.
- Lifestyle startups: usually they result form personal passions (e.g. a dancer which actively open an online dance school).
- Buyable startups: startup designed from scratch to sell it to a bigger company later. For example, Giants like Amazon and Uber buy small Web3 and Web3 startups to develop them over time and receive benefits.
- Big business startups: large companies which design innovative products to satisfy modern needs.
- Social startups: companies designed to do good for other people. Examples include charities and non-profit organizations (e.g. Code.org which encourages US students to learn computer science).
Between 2017 and 2022, the highest increase in funding was seen by the blockchain industry, that raised by over 90%. Advanced manufacturing and robotics reached the second highest increase at 70%, followed by the fintech industry. On the other hand, funding in digital media and Adtech dropped by 27% and 29% respectively.