In the venture capital industry, the term unicorn refers to any startup that reaches the valuation of $1 billion. Recently one of the most used editing tools, Grammarly became a unicorn.
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.