Scaleup company

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A scaleup company or just scaleup is a company that already has a profitable and scalable business model and grows above 20% in either turnover or number of employees over a three-year period.^[1] A scaleup can be identified as being in the "growth phase" life-cycle in the Millers and Friesen life cycle theorem,^[2] or the "Direction phase" in the Greiner growth curve.