It is a technology-driven company that was founded within the last 10 years, and that has technology and/or scalability at the core of its business model
What is a startup?
It is the most visual tool to represent a company model in a graphical and simplified way.
What is Business Model Canvas?
What are interviews?
The scale developed by NASA to measure the maturity of a technology.
What is Technology Readiness Level (TRL)?
It refers to the strategy that a company uses to introduce a product to the market
What is Go-to market strategy (GTM)
These organizations help entrepreneurs develop businesses in the ideation stage through training, coaching, and support services.
What are incubators?
The tool developed by Alexander Osterwalder to helps understand customer jobs, pains, and gains and create products and services with pain relievers and gain creators.
What is Value Proposition Canvas?
It is the degree to which a product satisfies strong market demand. “Means being in a good market with a product that can satisfy that market.”
What is Product Market Fit?
It is the fastest, cheapest experiment designed to test a critical business hypothesis.
What is Minimum Viable Product (MVP):
To estimate the market size, the total potential market for a product is known as ?
What is TAM (Total Addressable Market), Mercado total Disponible
Organizations that invest seed capital and often receive equity in exchange for mentorship and support.
What are accelerators?
Customer activities (functional, social, or emotional) performed to solve a problem or satisfy a need.
What are jobs to be done?
This innovation strategy begins with a particular technology or discovery, which is then applied to identify and solve relevant problems. It is also known as Technology in search of a problem
What is Technology Push?
This framework, created by Steve Blank and based on TRL, helps to measure a startup's maturity level. It includes developing a canvas, validating product-market fit, and developing a prototype among others.
What is the Investment Readiness Level (IRL)?
In this type of market, transactions or commerce are conducted between companies.
What is B2B (Business to Business)
This ecosystem actor provides access to talent, research, laboratories, and intellectual property.
What are universities or research centers?
This declaration clearly outlines the unique benefits and value a company offers to its customers.
What is a value proposition statement?
This model, developed by Steve Blank, has four steps (custumer discover, customer validation, customer creation, company building) and it is opposed to the product development model.
What is the Customer Development Model?
A good hypothesis must possess these three characteristics.
What are testable, precise, and discrete?
This term refers to how much attention your product gets from potential users.
What is traction?
It is the main sector of Mexican startups with services like a mobile payment platform; a micro-lending platform (Buy now, pay later), among others. This sector is heavily fueled by the region's large unbanked population
What is the fintech sector?
This block of the BMC is related to the assets (physical, human, financial or intellectual) required to offer the product or service.
What is the key resource block?
These NSF programs require approximately 100 customer interviews to validate the hypothesis.
What is I-Corps?
This experiment creates the customer experience manually before building automation or technology.
What is a Wizard of Oz experiment?
It is the total cost of acquiring new customers.
What is CAC (Customer Acquisition Cost)?