Startup Terms
Someone who initiates the creation of a business or organization
What is a Founder?
What does VC stand for?
Venture Capitol
What is it called when someone buys a stock in the company?
stakeholder
This Harvard Dropout co-founded facebook. Who is it?
Mark Zukerberg
This trillion dollar company created the Macintosh computer in January, 1984.
What is Apple?
Group of customers that need and buy a product
What is a Target Market?
What does IPO stand for? (think stocks)
Initial Public Offering
What is the most common way for a start up to raise capital?
Friends & Family or angel investors
Who founded the worlds largest online market place?
Jeff Bezos
This Company is a lead producer of electric vehicles, and makes the third most popular car in America.
What is Tesla?
Group of experts who oversee the activities of a startup
What is the Board of Directors?
What does ROI stand for?
Return on Investment
What are Angel investors?
Very wealthy people that invest their own money into a startup (Shark Tank)
Who took over and globalized America's first most famous fast food chain, Mcdonalds?
Ray Kroc
This trillion dollar company runs excel, word, powerpoint, outlook, and more.
What is Microsoft?
A mentoring and guidance program for entrepreneurs
What is an incubator?
What does SOP stand for? (Think management)
Standard Operating Procedure
What is the first stage of startup funding referred to as?
pre-seed funding
Who launched the worlds largest virtual ride sharing app later named Uber?
Travis Kalanick and Garret Camp
This company began out of a Harvard dorm room as a social media website, later evolving into much more.
What is Meta Platforms? (Facebook)
Major change in the business model
What is Pivot?
What does CAC stand for?
Customer Acquisition Cost
Name one source Series B funding usually comes from?
venture capital firms, private equity firms, corporate investors
These two founders began the worlds largest virtual entertainment streaming service. Who are they?
Reed Hastings and Marc Randolph
This Company is the only trillion dollar company based out of Saudi Arabia.
What is Saudi Aramco?