Terminology
What is the total amount of money in a company assuming all assets are liquid and there's no outstanding debt.
The founder that started Cadabra in 1994, later renaming it.
Who is Jeff Bezos?
In this stage of funding, which comes after the round of pre-seed funding, startups typically attempt to validate and polish their business plans before moving no to the Serise A round.
What is a seed round?
This company disrupted the video rental industry by allowing a mailing system for DVDs, later pioneering the video streaming industry.
What is Netflix?
Why a business makes money from selling a good or service.
Revenue
What is the term for how you show off your business and get others interested.
Pitch deck
This industrialist founded Ford Motor Company in 1903, introducing the moving assembly line.
Who is Henry Ford?
In this case, an investor is an individual of great wealth who provides both funds as well as guidance to new emerging businesses in return for certain percentages of the business.
Who is an angel investor?
This automaker disrupted the US’ Big Three automakers in the 60s-70s by creating smaller, more fuel efficient cars.
What is Toyota?
The money a business spends to operate.
What are expenses?
What is the most simple version of product you can sell on the market?
Minimum viable product
This entrepreneur co-founded Google while studying at Stanford.
Who is Larry Page?
The funding method which relies on the personal savings of the founder, of the revenue of the company without the involvement of external investors, is referred to as this.
What is bootstrapping?
As digital music did to physical albums, ____ did to film photography.
What is digital photography?
Money given to startup company for help.
What is the name of the person or company that provides the initial money to start up a company?
Angel investor
This founder started Walmart, opening the first store in the early 1960s.
Who is Sam Walton?
This is the document which contains the most important, and high-level, terms of investments, such as the company's valuation of the order of liquidation preference.
What is a term sheet?
This company disrupted the taxi service industry by introducing a ride-share model directly from an app.
What is Uber?
Venture capitalist gives money to startup in exchange for partial ownership.
What is equity?
What is the name of the plan to sell the ownership to an investor or different company?
Exit strategy.
This woman became one of America’s first self-made female millionaires by building a beauty empire in the early 20th century.
Who is Madam C.J. Walker?
This involves the practice of securing a minimum threshold of funds to become attractive for subsequent round of investments.
What is runaway funding?
This manufacturing innovation used scrap metal and electric-arc furnaces to undercut traditional steel producers.
What are mini-mills?
When a private company makes their stock public for the first time.
What is an IPO?