as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
describe the challenges faced by startups.
user
startups face a variety of challenges including funding, recruiting top talent, generating revenue and competing in a crowded market. additional challenges include developing a cohesive business strategy, staying up-to-date with industry trends, forming relationships with potential customers and partners, and managing growth.
assistant