Startup Jargon

The language, terminology, and buzzwords used by startups, entrepreneurs, and venture capitalists.

Burn Rate
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Burn Rate

Burn rate is a metric used to measure a startup's rate of financial expenditure. It is calculated as the amount of money a company spends each month.

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Escape Velocity
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Escape Velocity

Escape velocity is a term used to describe the speed and trajectory of a startup's growth. It refers to the rate at which a company can achieve a self-sustaining rate of growth, where its revenue is growing at a rate that exceeds its expenses, and it can continue to grow on its own without relying on external funding.

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Key Performance Indicator (KPI)
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Key Performance Indicator (KPI)

A "Key Performance Indicator" (KPI) is a metric used to measure the success of a startup's business strategy. KPIs are specific, quantifiable goals used to track progress toward a company's objectives.

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Hourly Active Users (HAU)
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Hourly Active Users (HAU)

Hourly Active Users (HAU) is a metric that measures the number of unique users who have engaged with a startup's product or service within a given hour.

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Daily Active Users (DAU)
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Daily Active Users (DAU)

Daily Active Users (DAU) is a metric used to track the number of unique individuals who have interacted with a startup's product or service each day.

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Retention
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Retention

User retention refers to the ability of a startup to keep its users coming back over time and using its product or service.

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Traction
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Traction

"Traction" refers to the growth and momentum that a startup is experiencing in terms of its user base, revenue, or other key metrics. It describes the level of adoption and success a startup is achieving in the market.

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Hockey Stick Growth
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Hockey Stick Growth

Hockey stick growth is a term used to describe a sudden and rapid increase in a metric, such as revenue or user base, that resembles the shape of a hockey stick lying flat and then abruptly rising upward.

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Accelerator
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Accelerator

An accelerator is a program or organization that helps startups to grow and develop by providing resources, mentorship, and support.

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Freemium
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Freemium

Freemium is a business model where a product or service is provided for free, but with certain features or access to additional content that is only available through a paid subscription or premium plan.

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Minimum Viable Product (MVP)
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Minimum Viable Product (MVP)

A Minimum Viable Product (MVP) is a product or service with the minimum set of features that can be used by early customers to validate a business idea and gather feedback.

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Testing
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Testing

Testing at a startup refers to the process of evaluating a product or service under development to ensure that it meets the needs of the target market and functions as intended.

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Product-Market Fit
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Product-Market Fit

Product-market fit for startups refers to the point at which a startup's product or service meets the needs and wants of its target market.

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Customer Discovery
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Customer Discovery

Customer discovery is the process that startups use to understand their target market and validate the assumptions about their business idea.

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