How Startups Work

What’s inside

• What is the primary purpose of a startup's minimum viable product (MVP)?
• Which activity best represents customer discovery in an early-stage startup?
• What does startup runway measure?
• Why might a startup choose a pivot?
• A startup's monthly cash burn is the amount of cash it [____] during a given month.
• When a startup repeatedly tests assumptions, measures results, and changes its approach, it is applying the [____]…
• The point at which a startup's product satisfies a strong and growing market demand is called [____].
• A funding round in which venture capital investors receive an ownership stake in exchange for capital is an [____]…