 Startup company, the Startup or Startup is an entrepreneurial venture which is a newly emerged business venture that aims to meet a marketplace need, want or problem by developing the viable business model around products, services, processes or platforms. The Startup is a new business venture designed to effectively develop and validate a scalable business model. Startups do have high rates of failure, but the minority that have gone on to be successful includes companies that have become large and influential. Evolution, the typical early tasks in forming the Startup are assembling the team to secure skills, gaining the know-how from knowledge, collecting or finding financial resources, and others elements to conduct research on the target market. The Startup will then begin building the first minimum viable product MVP prototype, to validate, assess and develop the new ideas for business models and concepts. A shareholders agreement SHA is often signed to confirm the commitment, ownership and contributions of the founders and investors and to deal with the intellectual properties and assets that may be generated by the Startup. Business model for Startups are generally found via a bottom-up or top-down approach. A company may cease to be a Startup as it passes various milestones, such as becoming publicly traded on the stock market in an initial public offering IPO or ceasing to exist as an independent entity via a merger or acquisition. Companies may also fail and cease to operate altogether, an outcome that is very likely for Startups, given that they are developing disruptive innovations which may not function as expected and for which there may not be market demand, even when the product or service is finally developed. Given that Startups operate in high-risk sectors, it can also be hard to attract investors to support the product-slash-service development or attract buyers, which is why it is recommended to find investors within similar fields to which the Startup may be operating in. Startup development phases the size and maturity of the Startup ecosystem is where the Startup is launched and where it grows to have an effect on the volume and success of the Startups. The Startup ecosystem consists of the individual's entrepreneurs, venture capitalists, angel investors, mentors, advisors, institutions and organizations top research universities and institutes, business schools and entrepreneurship programs and centers operated by universities and colleges, non-profit entrepreneurship support organizations, government entrepreneurship programs and services, chambers of commerce business incubators and business, accelerators and top performing entrepreneurial firms and Startups. The region with all of these elements is considered to be a strong Startup ecosystem. One of the most famous Startup ecosystems is Silicon Valley in California, where major computer and internet firms and top universities such as Stanford University create a stimulating Startup environment, Boston where Massachusetts Institute of Technology is located and Berlin, home of WISTA the top research area numerous creative industries, leading entrepreneurs and Startup firms.