Anika Horn Archives - Launchopedia

Lighthouse Labs Managing Director Todd Nuckols shares comments related to the value of accelerators: Accelerators improve your chance to successfully navigate the early seed stage of your startup but they are not a guarantee. Founders should consider how they plan to leverage the network created with an accelerator, which is often regional, after the program ends.

Definitioner

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Bounce Rate

Startup

A startup is a new business venture / enterprise in its initial or early stages of development. These stages include the concept, seed, early, growth and mezzanine stages.⁶

Seed Stage

The stage of a scalable startup immediately following the concept stage. In this stage, the entrepreneurs typically validate their product or service to the marketplace, develop their MVP, commence initial market testing and development, and begin development of their business model / go to market strategy. The first formal round of investment beyond friends and family typically occurs in this round with investment from super angels, angel groups and micro VCs.⁶

Director

Person elected by shareholders to serve on the board of directors. The directors appoint the president, vice president and all other operating officers, and decide when dividends should be paid (among other matters).³

Accelerator

In an Accelerator, a Seed investment is made in return for equity and usually between $15K - $50K. Startups are admitted in classes and work in groups. They are generally given a deadline to complete intensive training and iteration (typically 1 week to 6 months). Startups end an accelerator program with a Demo Day in which they pitch to investors.²

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INFOGRAPHICS

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