Terms Everyone Must Known in the Technology Ecosystem

Tech Startup
     This is a venture that involves the use technology to develop a scalable business model that is  build around solving customer needs that is found through validation and market research

Seed Funding
     Seed funding is the money invested in early stage companies, it can be seen as a seed capital in  form of securities offering in which an investor invests capital in exchange for an equity stake in the company.
    Band Rate
    This is the total amount of money your startup spend every month.
 These can be seen as a self-organise business community that relied on Information technology (IT) to achieve their set objectives of their companies
Venture Capitalist
 According to investopedia.com, A venture capitalist is an investor who either provides capital to startup ventures or supports small companies that wish to expand but do not have access to equity markets
           This is the art of running  a company no or little resource at their disposal.
    Is a techies, designer and innovators event, the come together and build various product in one or two days and at the end of the event  the group with an outstanding work win the hackaton
Co-founder  are people who involve in the setting up the startup from the ground level to the point where it's meet their set goal or purpose for exsistance, the people can a web developer, designer, or other entrepreneur
  Growth Hacking
This is an aggressive experimentation of different traction channels in order to rapidly grow the startup
  Early Adopters
From the word you should be able to understand that, basically this are  people that put off your ugly design and test your product in order to  provide you with feedback on how to improve the product.
  Product Market Fit
This the holy grill that every startup team want to reach in the startup life journey, it is at this point that your product has finally reach the market fit .
Did you find this list informative or have others terms you could like to adds, please drop them in the comment box.
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Terms Everyone Must Known in the Technology Ecosystem Terms Everyone Must Known in the Technology Ecosystem Reviewed by Mubarak Aminu on 18:50:00 Rating: 5

1 comment:

  1. A nice list for anybody venturing into tech business, especially developer.


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