They are neither art nor design. Startups are businesses. And a business exists to profit. Nothing else.
Also, a startup does not aim to solve a problem in an industry. That is a common but rather poor approach. A startup aims to profit by filling a need in a given marketplace. Two different things altogether.
Also, a startup does not aim to solve a problem in an industry. That is a common but rather poor approach. A startup aims to profit by filling a need in a given marketplace. Two different things altogether.