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Vikas Acharya

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Medial • 7m

STARTUP TERMS TO KNOW - Day 1 1.PIVOT - A significant change in a startup's business model or strategy. 2.BOOTSTRAPPING - Funding a startup using personal savings or internal revenue without external help. 3.UNICORN - A privately held startup valued at over $1 billion. 4.CAC (Customer Acquisition Cost) - The cost associated with acquiring one customer. 5.LTV (Lifetime Value) - The total revenue a business expects to earn from a single customer.

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