A comprehensive guide to understanding and communicating key startup concepts. Your Go-To Resource for Startup Terminology: A Glossary of Key Metrics, Definitions, and Formulas
A balance sheet is a financial statement that provides a snapshot of a company's financial position at a particular point in time.
Read MoreBank reconciliation is the process of comparing a company's records of its bank account transactions to the bank's records of the same transactions.
Read MoreA basis point is a unit of measure used in finance to describe the percentage change in the value or rate of a financial instrument.
Read MoreThe basis of accounting is the set of rules and principles that is used to prepare and maintain a company's financial records and statements.
Read MoreBillings refer to the total amount of revenue that a business has generated from its customers for goods or services that have been delivered or used, but not yet paid for.
Read MoreA board director is an individual who is elected to serve on the board of directors of a corporation or other organization.
Read MoreBook value is a financial term that refers to the value of an asset as recorded on a company's balance sheet.
Read MoreBookings refer to the total value of customer orders that a business has received for goods or services.
Read MoreBurn multiple is a term used in venture capital (VC) to describe the amount of money that a VC firm has invested in a portfolio company relative to the company's valuation at the time of investment.
Read MoreBurn rate is a term used to describe the rate at which a company is spending its cash reserves.
Read MoreBusiness accounting is the process of recording, classifying, and analyzing the financial transactions of a business.
Read MoreA C corporation (also known as a C corp) is a type of business entity that is taxed as a separate entity from its owners.
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