Startup Financing & Terminology: Essential Concepts
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UNIT 1: General Startup & Financing Concepts
Core Startup Terminology
- Startup: A newly founded company focused on developing and scaling a new product, service, or business model under high uncertainty. Prioritizes rapid growth, innovation, and scalability.
- Scaleup: A startup that has achieved Product-Market Fit (PMF) and is now in rapid growth mode. Focuses on expansion, hiring, and market dominance, often raising Series B or later-stage funding.
- Spinoff: A company originating from an existing organization (corporation, university, or research institution) to commercialize a technology, product, or service developed within the parent entity. Operates independently but may have early-stage backing from the parent.
- Venture Builder: An organization