Marketplace
TechnologyA marketplace is a platform that connects buyers and sellers so they can trade directly, without the company itself owning the goods.
Plain-English definitions of startup, funding, AI, and tech terms — with Philippine examples where possible.
A marketplace is a platform that connects buyers and sellers so they can trade directly, without the company itself owning the goods.
MCP is an open standard letting AI models connect to outside tools and data in one consistent way, instead of custom code each time.
MRR is the predictable revenue a subscription business collects every month from its currently active paying customers.
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.