The rate at which a company is spending (losing) money.
What is Burn Rate?
When a founder funds their startup from family and friends.
What is bootstrapping?
These are the names of the two new residence halls that opened this year.
What are the Olympic and Centennial residence halls?
It's the colorful term for a misleading clue in a murder mystery.
What is a red herring?
The founder of Founders Fund and author of Zero to One.
Who is Peter Thiel?
______ means being in a good market with a product that can satisfy that market.
What is product/market fit?
This 2001 film with Reese Witherspoon was shot at UCLA.
What is Legally Blonde?
After a frustrating day of shoe shopping at the mall, Nick Swinmurn founded this website.
What is Zappos?
A legal provision permitting existing investors in a company to accept or decline the purchase of equity shares offered by the company, before third parties have access to the deal.
What is right of first refusal?
A private company valued over $10 billion.
What is a decacorn?
What live animal used to take the field at UCLA home football games before it was disallowed?
This two word type of lawsuit involves an individual suing on behalf of a larger group.
What is a class action lawsuit?
The LTV:CAC ratio of a company that has customers that pay $13/mo for their product for an average of 6 years and spends $120 in marketing and sales per customer.
What is 7.8?
When a company raises a pre-money valuation that's lower than the post-money valuation in the previous funding round.
What is a down round?
The year UCLA was founded.
What is 1919?
This part of speech tells where, when, how, and how much?
What is an adverb?
A loan that a VC can give to a startup that can change into equity at a later point in time.
What is a convertible note?
Term for a period in a founder's or employee's vesting schedule in which they are not accruing stock options regularly, but rather at the end of this set period and beyond.
What is a cliff?
The numbers of steps on Janss Steps.
What is 87?
In 2 weeks Paulo Coelho wrote this mega-bestseller about a shepherd boy and his dream.
What is The Alchemist?