Day 46: BLR VC Lingo Demystified: Decoding Investment Speak Venture capitalists (VCs) are the fuel of Bengaluru's startups. But their lingo can be confusing! Here's your decoder ring: * Seed Money: The initial funding to plant the seed of your startup idea. * Series A, B, C...: Funding rounds that provide capital as your startup grows (think A for "sprout," B for "bloom," etc.). * Unicorn: A startup valued over $1 billion - a rare and magical creature in the VC world! * Exit Strategy: The VC's plan to get their investment back, often through an acquisition or IPO (Initial Public Offering). * Minimum Viable Product (MVP): A basic version of your product or service used to test its viability before full-scale development. * Due Diligence: The VC's deep dive into your startup's finances, market, and team before investing. * Burn Rate: The speed at which your startup spends cash. VCs want to see a clear path to profitability. Good luck. DYOR 😅.
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