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Startup Terms Every Entrepreneur Should Know
StartupTalky
ยท
1y ago
Medial
The article discusses the must-know startup terms that every entrepreneur should be familiar with. It covers various terms such as activation, acqui-hire, angel investor, bootstrapping, burn rate, churn rate, crowdfunding, lean, MVP, scalability, traction, unicorn, venture capital, and more. Whether you're starting a new business or already running a startup, understanding these terms is essential for effective communication and decision-making.
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Actions on few startups don't imply all are fraud: Flipkart's Krishnamurthy
Inshorts
ยท
1y ago
Medial
Speaking on the recent corrective measures taken on startups like BYJU'S, Flipkart CEO Kalyan Krishnamurthy said it is harsh to call every startup 'fraud' and every entrepreneur 'dishonest'. "Correction in governance...was less of a priority in the past. I am hoping that by 2025-26, governance, compliance and ethics will become hygiene similar to growth and innovation," he added.
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Startup Lingo โ 101 Terms You Need to Know (From A to Z)
Internet
ยท
3m ago
Medial
Whether you're building on your first startup idea or are a seasoned entrepreneur, there's a good chance you will come across a startup term or phrase you're either unsure of or just need to double-check. We are here to get you up to speed and help decipher all things startup. This definitive word list has everything you need to know to help you on your startup journey. Have this list with you, and you'll always have a reference to be on top of all the jibberish startup lingo ๐
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โBut I donโt know any VCs!โ
Internet
ยท
7m ago
Medial
What if you have a startup for which youโd like to raise venture funding, but you donโt know any VCs? This blog addresses the common challenge entrepreneurs face when seeking venture capital without existing connections. It emphasizes that venture capitalists (VCs) primarily rely on referrals from trusted sources, making unsolicited submissions ineffective. To increase the chances of getting noticed, entrepreneurs should focus on building a solid business plan and presentation. The author suggests that entrepreneurs should network strategically to position themselves among the few startups VCs consider each year. Ultimately, having a well-prepared pitch and a strong understanding of their business will help them stand out when opportunities arise.
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The Biggest Pros and Cons of Working for a Startup
Internet
ยท
11m ago
Medial
Thereโs certainly no shortage of cool startups to work for. According to US Census Bureau data, 5m+ new businesses were created in 2022 alone; globally, there are 305m+ startups created each year.But not every startup is a success story, and these high-pressure work environments arenโt right for everyone. If youโre wondering if working for a startup is a good idea, you should weigh the pros and cons before accepting that intriguing job offer.
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Every CEO and CTO must become Chief AI Officers: Kunal Shah
Inshorts
ยท
11m ago
Medial
Entrepreneur Kunal Shah said every chief executive officer and chief technology officer of startups must think of becoming chief AI officers themselves. "We cannot keep looking for someone outside," Shah said at Global Fintech Fest. He had earlier said 90% of the current jobs could lose their relevance in 10 years due to AI.
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Investment in Indian startups in H1 2023 lowest in last four years: PwC India
Economic Times
ยท
2y ago
Medial
Funding in Indian startups fell by 36 per cent in January-June to USD 3.8 billion, the lowest half-yearly number in the last four years, as investors are taking longer time in due diligence of every aspect of business, according to a PwC India Report. Early-stage deals accounted for 57 per cent of the total funding in the first half of 2023 (H1 CY23) in volume terms, said the report titled, "Startup Perspectives - H1 CY23".
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India should aim for one startup per 1,000 people like Israel: Piyush Goyal
Economic Times
ยท
8m ago
Medial
Union Minister Piyush Goyal has proposed that India should strive for one startup per 1,000 people, taking inspiration from Israel's achievement in fostering innovation. Goyal expressed the need to encourage entrepreneurship among the youth to attain this ambitious goal. He mentioned Israel's success in prioritizing innovation, resulting in one startup for every 1,000 people. Goyal emphasized the importance of nurturing an entrepreneurial spirit in India, transforming it into a global center for innovation and problem-solving. He also discussed government efforts to simplify processes and reduce compliance burdens, highlighting their benefits for all citizens.
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Govt should abolish capital gains tax: Ashneer on market crash
Inshorts
ยท
5m ago
Medial
Entrepreneur Ashneer Grover commented on the recent market crash, saying, "[It's] high time for government to abolish capital gains tax." "These markets aren't going to correct by themselves. [They] need structural change," he stated. He remarked after Nithin Kamath said the broking industry is seeing "a massive drop in terms of both the number of traders and volumes".
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Everything is copy, paste in Europe: Kamath on India's diversity
Inshorts
ยท
8m ago
Medial
Entrepreneur Nithin Kamath said that "everything feels like a cut, copy and paste" in European countries. "In contrast, India is more like a continent than a country. The diversity in terms of languages, food, culture, etc., between the 28 states and within each state is nuts," he stated. "I am amazed at how the country actually came together," he added.
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Decoding SaaS: 25 Essential Terms Every Founder Must Know
Inc42
ยท
1y ago
Medial
Inc42 has partnered with LogiNext, a logistics SaaS company, to create a SaaS glossary that helps users understand the jargon and terminology of the SaaS industry. The Indian SaaS ecosystem has great potential for growth, with projections of generating $50 Bn - $70 Bn in revenue and $500 Bn in enterprise value by 2030. The glossary covers key terms such as Annual Recurring Revenue (ARR), Customer Lifetime Value (CLTV), Customer Segmentation, and many more. Understanding these terms can help founders, stakeholders, and journalists navigate the SaaS industry more effectively.
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