Few start-ups enter industries that are mature.

Name: Few start-ups enter industries that are mature.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Despite all the attention given to fast-growing new industries, most start-ups enter industries that are mature. In mature industries, growth in demand tends to be slow and there are often many competitors. Therefore, if a start-up wants to get a piece of the action, it often has to take business away from an existing competitor.

Few Start-Ups Enter Industries That Are Mature