SKU is a unique code consisting of alphabets and numbers that identifies the characteristics of each product such as the manufacturer, brand, style, size and colour.
Inventory management includes aspects such as controlling and overseeing purchases, both from the suppliers and from the customers.
Pre-money valuation refers to the value of the company excluding the latest round of funding while post-money valuation includes external funding.
A minimum viable product means a product which usually has one basic set of features. It is released to a handful of people to test a new business idea.
Funding is the money raised by a startup or provided by an individual, organisation or government bodies to a startup for a particular purpose.
A bootstrapped startup is responsible for its own survival. Bootstrapping means starting and growing a startup from scratch without anyone’s financial help.
VCs are usually composed as limited partnerships where partners invest in the VC fund. It constitutes of a committee that is responsible for making investment decisions.
A non-disclosure agreement or NDA is a written contract between two parties (people or organisations) that prohibits the sharing of confidential information shared between both the ends.
A balance sheet is a financial statement of a company. It includes assets, liabilities, equity capital, total debt etc. at a particular point in time.
A digital signature certificate (DSC) can help you sign a document online, so that you don’t have to be physically present in order to submit a form.