Disrupting disruption with disruptive disruptions since 2010.
The speed at which a startup spends its investors' money, measured in dollars per month and panic attacks per quarter. It's called burn rate because watching your cash evaporate feels exactly like watching something on fire.
Building a company using nothing but your own savings, credit cards, and an alarming tolerance for ramen noodles. It's the startup equivalent of performing surgery on yourself -- theoretically possible, but everyone watching is deeply uncomfortable.
The strategy of growing a company at breakneck speed while intentionally ignoring efficiency, profitability, and the screams of your finance team. It's named after the German military tactic because both involve advancing recklessly and hoping the supply lines hold.
The industry dedicated to using living organisms and biological systems to create products, solve problems, and generally play god in the most profitable way possible. It's where biology meets engineering meets venture capital, resulting in everything from life-saving drugs to designer yeast that makes better beer. Think of it as science's entrepreneurial phase, where petri dishes can lead to IPOs.
The magical realm where scientists play God with DNA and investors play roulette with their portfolios. Short for biotechnology, it's the industry that promises to cure cancer, extend your lifespan, and justify obscene R&D budgets—all while burning through cash faster than a lab incinerator. Whether it's CRISPR gene editing or synthetic biology, biotech is where biology meets business and hope meets hype.
Emergency funding meant to tide a startup over until the 'real' funding round happens, often at desperate terms. Named after a bridge because you're hoping it doesn't collapse before you reach the other side.
A chair at the table where actual company decisions get made, typically negotiated by lead investors who want control over their millions. Where strategy is debated, CEOs are fired, and founders learn they don't actually run their company alone.
An entrepreneur who returns to start another company after their previous venture was acquired or failed. They're either gluttons for punishment or genuinely addicted to the startup lifestyle.
A capital efficiency metric calculated as net burn divided by net new ARR, measuring how many dollars a company incincinerates to generate each dollar of recurring revenue. A burn multiple under 1.5x suggests efficiency; above 3x suggests a bonfire of investor capital.
When a startup seeks a lead investor for their next round who isn't part of their existing investor group, potentially signaling problems or a desire for fresh perspectives. It's the venture capital equivalent of changing friend groups.
Building a company with personal savings, credit cards, and stress ulcers instead of venture capital—either a badge of honor or an excuse for slow growth, depending on your exit results. It's entrepreneurship on hard mode.
Someone who attends board meetings but lacks voting rights, typically a junior investor or potential future investor. They're flies on the wall with NDAs and calendars full of meetings they can't influence.