Famous Companies
This company began as an online payment system before becoming the leader in peer-to-peer money transfers.
What is PayPal?
This is the term for the money left after a company pays all of its expenses.
What is net profit?
This type of analysis looks at strengths, weaknesses, opportunities, and threats.
What is SWOT analysis?
This is the initial round of funding for a startup, often raised from family and friends.
What is seed funding?
This app started as Musical.ly before becoming the short-video platform we know today.
What is TikTok?
In what year was the company DoorDash founded?
What is 2013?
When one company buys another, it’s called this.
What is an acquisition?
This term is used when a project or task is completed faster than expected and under budget.
What is efficiency?
This is the term for a startup valued at over $1 billion.
What is a unicorn?
Before SpaceX and Tesla, Elon Musk co-founded and sold this company, revolutionizing online payments.
What is PayPal?
What company was acquired by Meta in the year 2012?
What is Instagram?
The money a business spends to make its products is called this.
What are costs of goods sold (COGS)?
Consultants often create these to give clients a detailed, step-by-step plan for solving their business problems.
What is a roadmap?
When a startup tests a basic version of its product, it’s called this.
What is a minimum viable product (MVP)?
Steve Jobs and Steve Wozniak’s first major product, sold to hobbyists in the 1970s, laid the foundation for what would later become Apple’s success.
What is the Apple I?
This streaming service was one of the first to successfully launch an ad-supported, free video platform.
What is Hulu?
This financial statement shows a company’s assets, liabilities, and owner’s equity at a specific time.
What is a balance sheet?
Consultants often use this to show the relationship between cost and benefits for a project.
What is a cost-benefit analysis?
This type of investor provides capital to startups in exchange for equity or ownership.
What is a venture capitalist?
This social media platform was one of the first to combine disappearing messages with augmented reality filters, creating a new way to share personalized, interactive content.
What is Snapchat?
This sports company’s first product was a waffle-soled running shoe made by pouring rubber into a waffle iron.
What is Nike?
A company's ability to pay off its short-term debts is called this.
What is liquidity?
This is the process of reducing waste and improving workflows in a business.
What is lean management?
A business that’s owned and operated by just one person is called this.
What is a sole proprietorship?
The Starbucks logo has always featured a two-tailed mermaid, but in its early versions, this distinct feature was much more prominent.
What is a full-body mermaid (siren)?