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Startup Acronyms You Must Know ππ‘
MVP β Minimum Viable Product
PMF β Product Market Fit
USP β Unique Selling Proposition
Founders β Company Creators
CXO β Chief X Officer (CEO, CTO, CPO, etc.)
VC β Venture Capital
Angel β Angel Investor
Seed β Early Funding Round
Series A/B/C β Growth Funding Rounds
Bootstrapped β Self-funded Startup
Burn β Monthly Cash Spend
Runway β Time Until Cash Runs Out
ARR β Annual Recurring Revenue
MRR β Monthly Recurring Revenue
GMV β Gross Merchandise Value
CAC β Customer Acquisition Cost
LTV β Lifetime Value
Churn β Customer Loss Rate
Pivot β Strategic Direction Change
Scale β Rapid Growth Phase
KPI β Key Performance Indicator
OKR β Objectives and Key Results
Pitch Deck β Investor Presentation
Term Sheet β Investment Agreement
π‘ Startup Tip:
Startups fail less due to ideas and more due to cash flow, timing, and execution.
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