Startup & Tech Glossary

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

Series B

Funding Investment

A Series B is a later funding round for a startup that's already growing fast and needs bigger money to scale operations.

Series C

Funding Investment

A Series C is a later-stage round for a startup that's already proven its model and is raising to grow even bigger, often before an exit.

Smart Contract

Crypto Web3

A smart contract is a program on a blockchain that automatically carries out an agreement's terms once its conditions are met, with no middleman.

Stablecoin

Crypto Web3

A stablecoin is a cryptocurrency designed to hold a steady value, usually by being pegged one-to-one to a currency like the US dollar.

Tech Stack

Technology

A tech stack is the specific combination of programming languages, frameworks, databases, and tools a company uses to build its product.

Term Sheet

Funding Investment

A term sheet is a short document laying out the key terms both sides agree to before the full legal paperwork of a funding round is drafted.

Token

Crypto Web3

A token is a digital asset built on top of an existing blockchain — it can represent money, a voting right, a collectible, or access to a service.

Training Data

Ai Machine Learning

Training data is the large collection of text, images, or other examples used to teach an AI model how to do its task.

Unit Economics

Startup Basics

Unit economics means looking at the revenue and cost of just one customer or transaction to see if the business model actually works.

Valuation

Funding Investment

Valuation is a startup's estimated total worth, usually expressed as pre-money (before new cash) or post-money (after new cash) value.

VC (Venture Capital)

Funding Investment

Venture capital is money invested by professional firms into high-growth startups in exchange for equity, usually once there's some traction.