Startup & Tech Glossary

Plain-English definitions of startup, funding, AI, and tech terms — with Philippine examples where possible.

ARR (Annual Recurring Revenue)

Startup Basics

ARR is the yearly value of a subscription business's recurring revenue — its monthly recurring revenue multiplied by twelve.

Bootstrap

Startup Basics

Bootstrapping means growing a company using only personal savings and its own revenue, without raising money from outside investors.

Burn Rate

Startup Basics

Burn rate is how quickly a startup spends its cash each month, usually spending more than it earns while it's still growing.

Churn

Startup Basics

Churn is the rate at which customers stop using or paying for a product over a given period, usually measured monthly.

Co-founder

Startup Basics

A co-founder is one of two or more people who start a company together from the very beginning, sharing ownership, risk, and major decisions.

Founder

Startup Basics

A founder is the person who starts a company, taking on the early risk of turning an idea into a working business before anyone else believes in it.

LTV (Lifetime Value)

Startup Basics

LTV is the total revenue a business expects to earn from a single customer for as long as that customer keeps buying or paying.

MRR (Monthly Recurring Revenue)

Startup Basics

MRR is the predictable revenue a subscription business collects every month from its currently active paying customers.

MVP (Minimum Viable Product)

Startup Basics

An MVP is the simplest version of a product a startup can build and release to learn whether real users actually want it, before investing more.

Pivot

Startup Basics

A pivot is when a startup makes a fundamental change to its product, business model, or target customer based on what it has learned.

PMF (Product-Market Fit)

Startup Basics

Product-market fit is the point when a product finally satisfies real demand — customers keep using it, pay for it, and tell others unasked.