What tend to be the fastest growing types of startups that have the most success? It seems like the tech world has been on top for sometime but I have a feeling other startups out there that aren’t solely in the tech world are having great success too.
Internet/online based ones. Look at social networking. Remember Vine? Well, someone took that idea after it was bought and taken down and brought us TikTok. There are a lot of opportunities when it comes to social apps.
If you have a good idea for an app and you can manage to get it created, all's it takes is for it to go viral and you will have other companies looking to either invest in it or buy it outright. Either way it has to be one of the faster growing startups out there. Apps are a huge deal.
Think of ones like Fitbit. Ones in the health industry that use technology to help people live better and healthier lives. Fitbit is actually considered one of the fastest growing startups out there.
I'd say anything app based. Mobile usage is HUGE today. This was projected to happen back in 2005 and here we are 15 years later with most people using their phones for work, school, and beyond. If you can provide a service in app form, you can quickly gain success from it.
Social media and apps tend to be the fast growing ones. Looking over success stories of small startups, the ones that seem to grow quickly all deal with social platforms or apps, sometimes they are one in the same.