A global entertainment service offering subscription based streaming of TV Shows, movies, documentaries, and more.
What is Netflix?
This definition refers to a newly formed company that is operational for the first time.
What is a Startup?
Co-founder of the company Apple and helped revolutionize technology.
Who is Steve Jobs?
The money a company earns from selling that company's own product.
What is Revenue?
True or false? Startups achieve success quickly.
False. Most startups can take years to see success.
An app which is both centered around sharing and consuming photos and videos through a multitude of stream; i.e. stories, posts, feeds
What is Instagram?
This is a short talk that is intended to share an idea with a possible investor in a minimal time frame.
What is an Elevator Pitch?
Co-Founder of Microsoft, currently one of the largest software companies in the world
Who is Bill Gates?
The money that is left over after the company has paid its debts and costs.
What is Profit?
True or false? Having a famous founder guarantees a startup's success?
False, many startups with famous founders have failed.
An app that offers a service for connecting ride-needing customers with experienced drivers. More recently expanding into food delivery services.
What is Uber?
This is money used for a new, start-up business that is an investment in the new enterprise.
What is Risk Capital?
Founder of Tesla and Space X, companies known for their innovation in electric vehicles?
Who is Elon Musk?
The amount of clients lost over the total clientele.
What is a Churn Rate?
True or False? All successful start ups begin with a ground breaking/ original idea.
True, however many startups build off existing ideas.
An online business that connects travelers with property owners, whos market cap stands at $74 billion today.
What is Airbnb?
This is a high net worth individual, who invests their own capital, in a newly formed start-up.
What is an Angel Investor?
The Co-Founders of Google
Who are Sergey Brin and Larry Page?
A startup with little room for growth; functions better on a small scale.
What is a Cottage Business?
True or False? Start ups require massive amounts of funding to succeed.
False. In reality most startups begin with 'bootstrapping,' or self-funding.
A social Media platform centered around professional networking, career development, and business connections.
What is LinkedIn?
Businesses funded purely by founders’ savings and/or money from friends and family.
What is Bootstrapping?
Founder of the Alibaba Group
Who is Jack Ma?
How long a company can run based on the current amount of cash and/or remaining capital.
What is a Runway?
False, many graduate from a higher form of education and use their degree for leverage.