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Scaleup Company
A scaleup company or just scaleup is defined by the OECD as a company having an average annualized return of at least 20% in the past 3 years, and had at least 10 employees at the start of the 3 year period. A scaleup can be identified as being in the "growth phase" life-cycle in the Millers and Friesen life cycle theorem, or the "Direction phase" in the Greiner growth curve. The importance of scaleups and the rise of their terminology according to the World Economic Forum is that, although not all startups make it big, the ones that do greatly impact society by means of new technology, services and increased employment. To aid this rise, instead of large startup incubators, policy makers are more and more focusing on scaleups since they are the ones that add value. One commonly used definition of 'scaleup' is the OECD-Eurostat definition relating to 'gazelles' or High Growth Firms: "All enterprises with average annualised growth greater than 20% per annum, over a three year ...
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OECD
The Organisation for Economic Co-operation and Development (OECD; french: Organisation de coopération et de développement économiques, ''OCDE'') is an intergovernmental organisation with 38 member countries, founded in 1961 to stimulate economic progress and world trade. It is a forum whose member countries describe themselves as committed to democracy and the market economy, providing a platform to compare policy experiences, seek answers to common problems, identify good practices, and coordinate domestic and international policies of its members. The majority of OECD members are high-income economies with a very high Human Development Index (HDI), and are regarded as developed countries. Their collective population is 1.38 billion. , the OECD member countries collectively comprised 62.2% of global nominal GDP (US$49.6 trillion) and 42.8% of global GDP ( Int$54.2 trillion) at purchasing power parity. The OECD is an official United Nations observer. In April 1948, ...
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Annualized Return
In finance, return is a profit on an investment. It comprises any change in value of the investment, and/or cash flows (or securities, or other investments) which the investor receives from that investment, such as interest payments, coupons, cash dividends, stock dividends or the payoff from a derivative or structured product. It may be measured either in absolute terms (e.g., dollars) or as a percentage of the amount invested. The latter is also called the holding period return. A loss instead of a profit is described as a '' negative return'', assuming the amount invested is greater than zero. To compare returns over time periods of different lengths on an equal basis, it is useful to convert each return into a return over a period of time of a standard length. The result of the conversion is called the rate of return. Typically, the period of time is a year, in which case the rate of return is also called the annualized return, and the conversion process, described bel ...
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Millers And Friesen Life Cycle Theorem
A miller is a person who operates a mill, a machine to grind a grain (for example corn or wheat) to make flour. Milling is among the oldest of human occupations. "Miller", "Milne" and other variants are common surnames, as are their equivalents in other languages around the world (" Melnyk" in Russian, Belorussian & Ukrainian, "Meunier" in French, " Müller" or "Mueller" in German, "Mulder" and "Molenaar" in Dutch, "Molnár" in Hungarian, "Molinero" in Spanish, "Molinaro" or "Molinari" in Italian etc.). Milling existed in hunter-gatherer communities, and later millers were important to the development of agriculture. The materials ground by millers are often foodstuffs and particularly grain. The physical grinding of the food allows for the easier digestion of its nutrients and saves wear on the teeth. Non-food substances needed in a fine, powdered form, such as building materials, may be processed by a miller. Quern-stone The most basic tool for a miller was the quern-s ...
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Greiner Growth Curve
Greiner may refer to: * Greiner (surname), a surname * USS ''Greiner'' (DE-37), an ''Evarts''-class destroyer escort See also * Grainer * Greener (other) * Greiner-Petter-Memm {{disambig ...
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World Economic Forum
The World Economic Forum (WEF) is an international non-governmental and lobbying organisation based in Cologny, canton of Geneva, Switzerland. It was founded on 24 January 1971 by German engineer and economist Klaus Schwab. The foundation, which is mostly funded by its 1,000 member companies – typically global enterprises with more than five billion US dollars in turnover – as well as public subsidies, views its own mission as "improving the state of the world by engaging business, political, academic, and other leaders of society to shape global, regional, and industry agendas". The WEF is mostly known for its annual meeting at the end of January in Davos, a mountain resort in the eastern Alps region of Switzerland. The meeting brings together some 3,000 paying members and selected participants – among whom are investors, business leaders, political leaders, economists, celebrities and journalists – for up to five days to discuss global issues across 500 sessions. ...
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Startup
A startup or start-up is a company or project undertaken by an entrepreneur to seek, develop, and validate a scalable business model. While entrepreneurship refers to all new businesses, including self-employment and businesses that never intend to become registered, startups refer to new businesses that intend to grow large beyond the solo founder. At the beginning, startups face high uncertainty and have high rates of failure, but a minority of them do go on to be successful and influential.Erin Griffith (2014)Why startups fail, according to their founders Fortune.com, 25 September 2014; accessed 27 October 2017 Actions Startups typically begin by a founder (solo-founder) or co-founders who have a way to solve a problem. The founder of a startup will begin market validation by problem interview, solution interview, and building a minimum viable product (MVP), i.e. a prototype, to develop and validate their business models. The startup process can take a long period of time (by so ...
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Crossing Growth Chasm
Crossing may refer to: * ''Crossing'' (2008 film), a South Korean film * ''Crossing'' (album), a 1985 album by world music/jazz group Oregon * Crossing (architecture), the junction of the four arms of a cruciform church * Crossing (knot theory), a visualization of intersections in mathematical knots * Crossing (physics), the relation between particle and antiparticle scattering * Crossing (plant), deliberate interbreeding of plants * Crossing oneself, a ritual hand motion made by some Christians * William Crossing (1847–1928), English writer * Intersection (road), also known as a crossing * Level crossing, a railway crossing a street See also * Crossings (other) * The Crossing (other) * Cross (other) A cross is a geometrical figure consisting of two intersecting lines or bars. Cross or The Cross may also refer to: Religion * Christian cross, the basic symbol of Christianity * Cross necklace, a necklace worn by adherents of the Christian r ... ...
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Startup Company
A startup or start-up is a company or project undertaken by an entrepreneur to seek, develop, and validate a scalable business model. While entrepreneurship refers to all new businesses, including self-employment and businesses that never intend to become registered, startups refer to new businesses that intend to grow large beyond the solo founder. At the beginning, startups face high uncertainty and have high rates of failure, but a minority of them do go on to be successful and influential.Erin Griffith (2014)Why startups fail, according to their founders Fortune.com, 25 September 2014; accessed 27 October 2017 Actions Startups typically begin by a founder (solo-founder) or co-founders who have a way to solve a problem. The founder of a startup will begin market validation by problem interview, solution interview, and building a minimum viable product (MVP), i.e. a prototype, to develop and validate their business models. The startup process can take a long period of time (by so ...
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Scalability
Scalability is the property of a system to handle a growing amount of work by adding resources to the system. In an economic context, a scalable business model implies that a company can increase sales given increased resources. For example, a package delivery system is scalable because more packages can be delivered by adding more delivery vehicles. However, if all packages had to first pass through a single warehouse for sorting, the system would not be as scalable, because one warehouse can handle only a limited number of packages. In computing, scalability is a characteristic of computers, networks, algorithms, networking protocols, programs and applications. An example is a search engine, which must support increasing numbers of users, and the number of topics it indexes. Webscale is a computer architectural approach that brings the capabilities of large-scale cloud computing companies into enterprise data centers. In mathematics, scalability mostly refers to closure u ...
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Endeavor (non-profit)
Endeavor is an organization headquartered in New York City that supports entrepreneurs with potential for economic and social impact in their regions. The organization provides the entrepreneurs in its network with services that help them grow ventures, create jobs, transform economies, and support future generations of entrepreneurs. History Founded in 1997, Endeavor has supported over 50,000 candidates and selected 2,000+ entrepreneurs from 1,200 companies. Supported and mentored by a network of 3,500+ local and global business leaders, these entrepreneurs have created over 650,000 jobs and in 2016 generated $10 billion in revenues. In 2001, Endeavor launched Endeavor Mexico and ''Time'' magazine recognized Endeavor's founders as among the "Top 100 Innovators for the 21st Century" in its November 5, 2001, issue. In 2002, the Schwab Foundation and the World Economic Forum endorsed Endeavor as one of 40 leading examples of social entrepreneurship from around the world., In 2007 ...
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Linda Rottenberg
Linda Rottenberg is an American businesswoman and author. She is the author of ''Crazy Is a Compliment: The Power of Zigging When Everyone Else Zags''. She is the CEO and Co-founder of Endeavor, a non-profit organization that encourages the power of entrepreneurship. Rottenberg was named one of "America's Best Leaders" by ''U.S. News'' and one of ''TIME'''s 100 "Innovators for the 21st century." She lectures at Fortune 500 companies. Rottenberg is the subject of four case studies by Harvard Business School and the Stanford Graduate School of Business. ABC and NPR declared her "the entrepreneur whisperer," journalist; Thomas Friedman dubbed her the world's "mentor capitalist," Business Insider named her "Ms. Davos," and she was known as "la chica loca" She serves on the board of Zayo Group, a global provider of bandwidth infrastructure (NYSE: ZAYO). She is a member of the Inter-American Dialogue, Council on Foreign Relations, and Young Presidents Organization (YPO) and serves ...
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Private Equity
In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a type of ownership of assets ( financial equity) and is a class of assets (debt securities and equity securities), which function as modes of financial management for operating private companies that are not publicly traded in a stock exchange. Private-equity capital is invested into a target company either by an investment management company (private equity firm), or by a venture capital fund, or by an angel investor; each category of investor has specific financial goals, management preferences, and investment strategies for profiting from their investments. Each category of investor provides working capital to the target company to finance the expansion of the company with the development of new products and services, the restructuring ...
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