With the advent of the 21st Century, came the technological age in which more and more transactions have become digitized globally. In fact, the world’s richest like Jeff Bezos, Elon Musk and Bill Gates have built their enormous fortunes around technological startups. A tech startup has been defined as a company whose purpose is to bring technology products or services to market. These companies deliver new technology products or services or deliver existing technology products or services in new ways.