Scaleup company

[5] A 2018 study showed that only 0.4 percent of all startups scale, reaching more than 10 million revenues within 5 years.

[10] Once scaleup company employs at least 10 people, then it is considered within its growth phase life cycle.

[11] 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.

[12][13] 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.

"[14] Endeavor published a study reporting that scaleups create most of Southeast Asia's new jobs.