Ever feel like VCs are speaking another language? đ¤ Don't worry, we've got you covered!
Let's decode some VC lingo for all our Thunder Funder fam - accredited or not! đŠī¸đ°
Term 1: "Unicorn" đĻ
A startup valued at over $1 billion. Rare, magical, and everyone wants to catch one!
Term 2: "Burn Rate" đĨđ¸
How fast a startup is spending money. Like watching your wallet catch fire after a shopping spree!
Term 3: "Exit" đĒđââī¸
When founders cash out by selling or going public. It's the grand finale of building the company! đĨ
Term 4: "Bootstrapping" đĸ
Starting a company with your own money. Like making a gourmet meal with whatever's in your fridge - creativity required!
Term 5: "Hockey Stick Growth" đđ
Sudden, explosive growth after a period of flat progress. Imagine your startup scoring a hat-trick in the business world! #GrowthHacking #ScaleUp
