Startup & Tech Glossary

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

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.

Post-Money

Funding Investment

Post-money valuation is a startup's estimated worth right after new investor money has been added, so it always includes that new cash.

Pre-Money

Funding Investment

Pre-money valuation is what a startup is estimated to be worth right before new investor money is added in a funding round.

Prompt Engineering

Ai Machine Learning

Prompt engineering is the skill of writing clear, well-structured instructions to get better answers out of an AI model.

QBO (QBO Innovation Hub)

Philippine Ecosystem

QBO is the Philippines' first public-private innovation hub, helping local tech startups get funding, mentorship, and training.

Runway

Startup Basics

Runway is how many months a startup can keep paying its bills before it runs out of cash, at its current rate of spending.

SaaS

Technology

SaaS is software you access and pay for over the internet, usually as a monthly subscription, instead of buying and installing it yourself.

Seed Round

Funding Investment

A seed round is usually a startup's first real outside funding round, meant to help it build a product and find its first customers.

Series A

Funding Investment

A Series A is typically a startup's first big round led by professional VC firms, raised once there's real evidence the product works.