The term "tech startup" refers to a newly-formed company that focuses on developing and selling technology products or services. These companies are typically in their early stages, with limited revenue and staff, but have high growth potential due to innovative ideas or unique solutions to problems. Tech startups often operate within the tech industry, creating software, hardware, or other digital products that can disrupt existing markets or create new ones. They may also receive funding from investors in exchange for an ownership stake in the company. The success of a tech startup depends on its ability to attract customers and generate revenue, as well as adapt quickly to changes in technology and market trends.