Welcome to the ultimate startup glossary - your comprehensive reference book for all relevant terms related to the world of startups! Whether you are just at the beginning of your entrepreneurial journey or in the middle of the startup development process, you will find everything you need to know here.
Glossary
What is pooling?
Pooling refers to the contractual combination of the voting rights or shares of several investors or founders in order to represent them as a unit.
What is a private sale?
A private sale refers to the sale of a company or shares in a company directly to a selected buyer without a public tender or offer.
What is a management buy-out (MBO)?
A management buyout is the acquisition of a company or shares in a company by the existing management team.
What is ARR (Annual Recurring Revenue) and why is this metric important?
An acquisition exit refers to the sale of a company or a share in a company to a buyer, usually another company or an investor.
What is a joint venture and how does it work?
A joint venture is a contractually agreed co-operation between two or more companies in which resources, expertise or capital are pooled in order to operate a joint project or business segment.
What is a Letter of Intent (LoI)?
A letter of intent is a written declaration of intent in which the parties state their interest in a future collaboration or the conclusion of a contract.
What does ‘pull marketing’ mean?
Pull marketing aims to create a demand for products or services that actively attracts customers. Content marketing, social media or a strong brand identity are often used to gain the interest and trust of the target group. The aim is to get the customer to search for or buy the product independently.
What is push marketing?
Push marketing refers to marketing strategies in which companies actively promote their products or services to customers. This is done through advertising, direct mailings, sales promotions or sales activities. The aim is to attract the attention of the target group and encourage purchases, often through direct contact or sales incentives.