Startup Wiki

#Lean Startup Methodology
#Business Model Canvas
#Digitale Transformation
#Venture Capital [german]
#Investoren-Pitch
#Reverse Pitch
#Social Entrepreneurship
#Corporate Incubation
#Scrum
#Minimum Viable Product
#Data Science
#Coworking
#Industrie4.0
#Crowdfunding


We explain the most important topics in the startup vocabulary.

Startup Glossary

So it’s your first time at a meetup and someone is using jargon you have never heard of before such as „due diligence“, „internal rate of return“, „mezzanine financing“.

A selection of these topics is explained below:

#Business Angel

Business Angels not only contribute knowledge, contacts etc. to the startup, but also contribute financially. Unlike venture Capitalists, business angels aren’t primarily interested in profit.

#Due Dilligence

In order to keep the risk of an investment as low as possible, an agreement is made that the investor will have the opportunity to do a detailed review and assessment of the company

#Early Stage Financing

This is about the financing during the early phase. Usually there are neither notable customers, nor any sophisticated products to speak of.

#Exit

Simply put: the sale of the startup. Exit opportunities include: sale to another company (trade sale), repurchase by the founder (buy-back), market (going public).

#Financing Rounds

Investors spread their investments over several phases. The funds are then incrementally released once each milestone has been reached.

#Going Public

(Partial) sale of the company shares on the stock exchange.

#Incubator

Also simple: STARTPLATZ. Or: initiatives that allow startups to develop business ideas further and provide the support, consulting and infrastructure required.

#IPR Intellectual Property

This includes things such as patent protection, design protection and Copyrights, which protect intellectual property.

#KTI

Is a federal innovation promotional agency, which makes the successful launch and the first steps of expansion possible by way of extensive coaching. Successful young entrepreneurs receive the KTI-Label and are connected with with potential financiers.

#Letter of Intent

The Letter of Intent sets out the main points of a future contract, for example, for the sale of shares.

#Make or Buy

„Make or buy“ is a decision model in business administration, which is applicable to many areas. One must ask the question: should services be provided in-house or outsourced.

#Non Disclosure Agreement

An agreement between two negotiators, that information must be kept strictly confidential and may not be disclosed to a third party.

 

#Spin-Offs

 
If a particular department of a startup is removed, it is considered spun-off. However, such departments are only legally independent, economically. Universities designate, for example, startups arising from their research laboratories as spin-offs.

#Venture Capitalists

Professional investors or even an investment company which can make high demands on the development of startups due to their considerable financial consideration in a company. VCs mainly serve to increase the value of the company.

Stay tuned…