Business angels, also known as angel investors, are wealthy private individuals who invest capital, expertise and their network in young companies in order to promote their growth and development.
The burn rate is a key financial indicator in the startup world that shows how quickly a company uses up its available capital reserves before it is able to generate sustainable revenue.
The build-measure-learn cycle is an iterative process that is at the centre of the lean startup methodology and aims to accelerate product development by learning quickly from real user experiences.
Bridge financing is a short-term financing option for companies that aims to cover immediate capital requirements until a long-term financing solution or the next financing round is secured.
The break-even point is the moment at which a company's total revenue exactly covers its total costs, which means that no profit is made, but no loss is made either.