Glossary

Business to Business - involving transactions between businesses.

A business model serving both business and consumer markets.

Business to Consumer - involving transactions between businesses and consumers.

A financial statement detailing your startup's assets, liabilities, and equity.

Refers to standard, everyday business operations.

A stage of product development following alpha testing, involving external user testing.

A challenging and inspiring long-term business goal.

A group elected to oversee and represent shareholders, providing strategic guidance.

Building and growing your startup without external funding.

A short-term financing round supporting your startup until the next significant funding round.

An economic phenomenon where the value of assets, like startups, becomes inflated.

The rate at which your startup uses up its available capital.

A competition where startups present their business plans to win funding or support.

Acquiring a company primarily for its brand or intellectual property.

The acquisition of a company, often involving purchasing a majority of its shares.