UCI
Stella Zhang New Venture Competition
MVP
Minimum viable product - simplest version of a product that delivers core value
ANTrepreneur Center lockdown procedure
Reset rooms, push chairs in, close and lock windows, turn all lights off, throw all the trash
AUM
Assets under management - total market value of all financial assets and cash managed by an investment firm
FREEBEE
you lucky duck
Are we affiliated with the business school?
Yes! We are a part of MUSA - Merage Undergraduate Student Association.
SaaS
Software as a Service - A company model where software is built and sold to many customers on a recurring subscription or usage-based basis.
Name 5 venture funds
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Term sheet
Summary of investment terms
Name 5 FE startups
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Are we affiliated with the ANTrepreneur Center?
Yes, we were the first affiliate club of the ANTrepreneur Center!
IPO
Initial public offering - private startup goes public and raises money from public investors
Web 3
Web1 = read
Web2 = read & write
Web3 = read, write & own.
LP and GP
General partner - manages capital
Name 5 alumni
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Name 3 people in the startup ecosystem affiliated with UCI
David Ochi, Larry Wilk, Ryan Foland, Chi, Jenn Hyun, Dan Jenkins, ++
Red ocean
highly saturated market
What is the phrase for how fast a startup spends money
Burn rate
80/20 Rule
80% of a funds returns are generated by about 20% of the funds portfolio companies
Which alumni went through YC and with what company?
Daniel Vega + inversion semiconductor
Name 3 current actives who have won something in a startup competition at UCI
Ariya, Byren, Shreya, Jose
ICP
Ideal customer profile - A detailed description of the type of customer who gets the most value from your product and is most valuable to your business
Founding class of SEP
Marc, Daniel, Nikesh, Nolan, Stefani
Pre money vs post money valuations
Pre - company value before new capital
Post - company value after new capital
Name a startup that a current active is working/has worked at
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