Startup & Tech Glossary

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

All AI and Machine Learning Ai Machine Learning Business Models Crypto and Web3 Crypto Web3 Funding and Investment Funding Investment Legal and Regulatory People and Roles Philippine Ecosystem Startup Basics Technology

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.

Vibe Coding

Ai Machine Learning

Vibe coding means describing what you want in plain language and letting an AI write the actual code, rather than writing it yourself.

Wallet

Crypto Web3

A crypto wallet is an app or device that stores the keys needed to access and send your cryptocurrency — it doesn't hold coins like a physical wallet holds cash.

Wavemaker Partners

Philippine Ecosystem

Wavemaker Partners is a Southeast Asian venture capital firm, active in the Philippines, backing enterprise, deep tech, and sustainability startups.

Web3

Crypto Web3

Web3 is a vision for a future internet built on blockchains, where users own their data and digital assets instead of relying on big tech platforms.

Whitepaper

Crypto Web3

A whitepaper is a document a crypto project publishes to explain its technology, purpose, and token plan to the public before it launches.