Startup & Tech Glossary

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

Due Diligence

Funding Investment

Due diligence is the detailed check an investor does on a startup's finances, legal status, and team before finalizing an investment.

Exchange

Crypto Web3

A crypto exchange is a platform where people buy, sell, and trade cryptocurrencies for pesos, dollars, or other digital assets.

Exit

Funding Investment

An exit is the event where founders and investors finally turn their startup ownership into real cash, usually via acquisition or IPO.

Fine-Tuning

Ai Machine Learning

Fine-tuning is further training an existing AI model on a smaller, specific set of examples so it gets better at one task.

Foundation Model

Ai Machine Learning

A foundation model is a huge, general-purpose AI model trained on massive data that can be adapted for many different tasks.

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.

Foxmont Capital

Philippine Ecosystem

Foxmont Capital is a Manila-based venture capital firm that funds early-stage Philippine startups, mainly at seed and Series A.

Gas Fee

Crypto Web3

A gas fee is the small payment you make to a blockchain's network for processing your transaction or smart contract — it goes to the network, not a company.

Hallucination

Ai Machine Learning

A hallucination is when an AI states something false or invented as if it were a confirmed fact.

IdeaSpace

Philippine Ecosystem

IdeaSpace is a nonprofit foundation, backed by the Pangilinan business group, that runs accelerator programs for early-stage Filipino tech founders.

Inference

Ai Machine Learning

Inference is the moment an already-trained AI model actually generates an answer for a real user, after training is done.