Mindset
The ability to adapt and thrive in changing environments.
What is Resilience?
This organization helps startups by giving them funding, office space and other resources to help them.
What is an startup incubator
The transformation of an idea into a commercial opportunity, taking advantage of opportunities without regard for availability of resources and it is the mindset of individuals who want to change the future.
What is startup entrepreneurship?
A startup's initial user base that provides feedback and helps refine the product is called this.
What are beta testers?
Founded in 2012 by Benoît Dageville, Thierry Cruanes and Marcin Żukowski, ______rose from a tiny tech startup into one of the most successful data warehousing companies in the world.
Snowflake
The ability to take risks and accept that failure is a possibility.
What is Courage?
These individuals have a lot of capitol, they trade money for equity in a startup.
What are Angel Investors
An additional experimentation that is inspired by the Lean Startup and this term suggests that entrepreneurs rarely start with a well formed business model idea. The answer involves irritative explanation.
What is pivoting?
This strategy involves entering new geographic markets or demographic segments.
What is market expansion?
A seamless platform connecting customers with local restaurants for food delivery.
Doordash
Entrepreneurs must be open to ___ from other people if they want to create the best version of whatever they are making.
These funds are raised by startups before seed money is given, it is often used to test ideas and build traction.
What is pre seed funding>
This lean startup process reduces uncertainty, engages stakeholders and promotes collective learning at a relatively low cost.
What is the iterative experimentation process for Lean startup?
This term describes the practice of testing different product features or marketing messages on segments of users.
What is A/B Testing?
A platform used by millions in quarantine for online classes and other things.
Setting clear and measurable goals and focusing on achieving them.
What is Goal Oriented Thinking?
When a startup spends more money then it earns, this measuremnt shows how quickly cash is being used.
What is the burn rate?
This method of testing and early interaction in the Lean Startup process can save money, time and organizational resources.
What is early stakeholder testing?
The point at which a startup's revenues exceeded its expenses is known as this.
What is the break-even point?
Addressed the environmental and health concerns of traditional animal-based meat production while providing a delicious and nutritious alternative for consumers.
Beyond Meat
The drive to be the best at whatever you do
What is Competitive Drive?
As a starup rasies more money, the funders ownership percatage ushally goes down what is this called.
What is dilution?
The study from MVPs to pivots resulted in startup learning journeys and found that some hypotheses are never tested by MVPs.
What is the relationship of hypotheses and MVPs?
This term describes increasing revenue, user base, or product availability quickly.
What is scaling?
An online platform for booking short-term accommodations and experiences, derived from the founders' initial idea of renting out air mattresses in their living room to conference attendees, hence "Air Bed and Breakfast".
Air BnB