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2024-08-23 13:24:29

Thunder Funder on Nostr: Ever feel like VCs are speaking another language? 🤔 Don't worry, we've got you ...

Ever feel like VCs are speaking another language? 🤔 Don't worry, we've got you covered!

Let's decode some VC lingo for all our Thunder Funder fam - accredited or not! 🌩️💰

Term 1: "Unicorn" 🦄
A startup valued at over $1 billion. Rare, magical, and everyone wants to catch one!

Term 2: "Burn Rate" 🔥💸
How fast a startup is spending money. Like watching your wallet catch fire after a shopping spree!

Term 3: "Exit" 🚪🏃‍♂️
When founders cash out by selling or going public. It's the grand finale of building the company! 💥

Term 4: "Bootstrapping" 👢
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" 🏒📈
Sudden, explosive growth after a period of flat progress. Imagine your startup scoring a hat-trick in the business world! #GrowthHacking #ScaleUp

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