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๐Ÿš€ 30 Pure Gold Startup Terms Every Entrepreneur Must Know Taste of Chocolate to know about chocolate, taste of Terms to know about startup :) โ†’ MVP: Minimum Viable Product โ†’ Burn Rate: Monthly cash spending rate โ†’ Runway: Months until cash runs out โ†’ Pivot: Major business strategy shift โ†’ Bootstrapping: Self-funding your startup โ†’ Angel Investor: Early individual backer โ†’ VC: Venture Capitalist โ†’ Series A/B/C: Progressive funding rounds โ†’ Exit: Selling or going public โ†’ Unicorn: $1 billion+ valuation startup โ†’ Scalability: Ability to grow efficiently โ†’ CAC: Customer Acquisition Cost โ†’ LTV: Customer Lifetime Value โ†’ Churn Rate: Customer loss rate โ†’ Product-Market Fit: Your product meets real demand โ†’ Freemium: Free basic, paid premium model โ†’ SaaS: Software as a Service โ†’ B2B/B2C: Business or Consumer focused โ†’ KPI: Key Performance Indicator โ†’ ROI: Return on Investment โ†’ Traction: Evidence of market demand โ†’ Growth Hacking: Creative, low-cost growth tactics โ†’ Pitch Deck: Investor presentation โ†’ Term Sheet: Investment deal outline โ†’ Cap Table: Company ownership breakdown โ†’ Dilution: Ownership percentage reduction โ†’ Vesting: Earning shares over time โ†’ IP: Intellectual Property โ†’ MRR/ARR: Monthly/Annual Recurring Revenue โ†’ NDA: Non-Disclosure Agreement ๐Ÿ”ฎ Master these โ™ฅ๏ธ

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How to do a survey to know whether there is a demand for the product??

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