Startup Success Stories
This lodging company, founded by Brian Chesky and Joe Gebbia in 2008, revolutionized the industry with its peer-to-peer platform.
What is Airbnb?
What is a company called when it’s worth $1 billion or more?
What is Unicorn?
This type of funding usually comes from firms that invest in startups in exchange for significant equity.
What is Venture Captial?
The process in which businesses build on and improve on products based on feedback.
What is Iteration?
This refers to a business in its early stages, usually when a product idea is created or development has started.
What is Startup?
In 2004, this social media platform was created by Mark Zuckerberg and his Harvard classmates, initially to connect college students.
What is Facebook?
This business model in which companies offer a free service but charge for premium features.
What is Freemium?
This type of early-stage funding is used in the formation of a startup to begin development and seek other types of funding.
What is Seed Funding?
The “Basic Skeleton” of a product before it goes to market.
What is minimal viable products?
A personalized assessment that applies to a specific area.
What is personal assessment?
This e-commerce giant, launched in 1994 by Jeff Bezos, started as an online bookstore and has since been expanded into various sectors of commerce.
What is Amazon?
What is the process of securing funds from a large number of people via the internet?
Crowdfunding
This funding option allows startups to raise small amounts of money from many people, usually using online platforms.
What is Crowdfunding?
This action opens up a startup to investment opportunities from outside investors.
What is Going Public?
This is a strategy for how you will get your product out there.
What is market strategy?
This streaming service, founded by Reed Hastings and Marc Randolph in 1997, initially rented DVDs by mail before transitioning to digital streaming.
What is Netflix?
What is the percentage of customers who stop using a service called?
What is Churn rate?
This term refers to an entrepreneur who attempts to build and grow a company while relying on personal finances or revenues of the company for funding.
What is Bootstrapping?
This distinguishes startups from other companies.
What is speed and growth?
The amount of money a startup business is bringing in.
What is Cash Flow?
This company, founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in 1976, is known for its personal computers and mobile phones.
What is Apple?
What is the measure of how quickly a startup burns through its available funds?
What is Burn Rate?
This type of funding usually happens after seed funding and involves multiple stages, such as A, B, and C, with investors providing capital in exchange for equity as a startup grows.
What is Series Funding?
Growing a business by merging/being bought by another company.
What is acquisition target?
This is one's developed plan going into the business.
What is Business Plan?