Funding
If an investor buys 20% of your company at $10,000, how much is your company valued at?
$50,000
What does MVP stand for
Minimum viable product
What is primary research?
Research that involves collecting data directly from participants through interviews, surveys, or focus groups
This term refers to the difficulty in finding and keeping skilled employees om a competitive job market.
What is talent acquisition?
These 2 co-creators of Apple famously started their company in a garage
What does IPO stand for?
Initial Public Offering
the first customers who will use your product
Early adopters
What is SWOT analysis?
Companies use this determine the strengths, weaknesses, opportunities, and threats in their business.
This challenge arises when startups face unexpected market changes that can impact their business models.
What is market volatility?
He founded a social media platform initially meant for just Harvard students, later dropping out to execute Facebook on a global scale
Who is Mark Zuckerberg?
Who are typically the first few people asked for investments in a start up?
Friends and family
a grant provided by the government that ensures no one else other than the inventor can make the invention.
patent
What is market analysis?
The initial step in market research helps entrepreneurs identify potential opportunities and gaps in the market.
This challenge often leads to startups failing to scale their operations effectively.
This music artist has garnered mos tof her wealth through undergarment line Savage X Fenty as well as her makeup and skincare brand Fenty Beauty
Who is Rihanna?
What is the difference between an angel investor and a venture capitalist?
An angel investor uses their own money to invest while a venture capitalist will work for a firm and use funds from the company and from public funding.
a set of slides that are an overview of the product, usually used to pitch to investors
Pitch deck
What is market segmentation?
A tool used by entrepreneurs to understand the size and characteristics of a market
This challenge involves competing against established players with more resources and brand recognition.
What is market competition?
She's the Hollywood star behind The Honest Company
What is stock dilution?
When a new investment is brought in, current shareholder's stake in the company will be worth less.
template that is used to document a business plan. 9 steps
Business model Canvas
What is the trend analysis?
A statistical method that helps entrepreneurs predict future market trends based on historical data.
This difficulty often results from the lack of a clear vision or direction for the startup's growth.
What is strategic planning?
He's one of the most successful investor of all time, and as the chairman of his company Berkshire Hathaway he owns the likes of Geico, Duracell, and Dairy Queen
Who is Warren Buffet?