charlesjo
charlesjo (42)

32

Gamification

Adding game elements to normally not game related software or processes in order to increase engagement.

A: User testing has shown that users don't like our accounting app.
B: We should really be adding some gamification.
A: Will that make the app more useful?
B: No, but more fun!

Added by graup graup about 5 years ago

    7

    Product Hunt

    An app well known by tech people in Silicon Valley as a way to discover new startups and apps

    http://producthunt.com

    Added by zazpowered zazpowered about 5 years ago

    17

    Herd Mentality

    When people follow the leader or others like a herd instead of thinking independently. Often seen when investors are deciding which startups to fund.

    VC: You guys have a really strong team, exactly the type that we like to fund, but we just don't believe in the idea.
    Kim: Did I mention that a16z decided to invest in us yesterday.
    VC: Wait. Don't leave. I think we started things off on the wrong foot.

    Added by zazpowered zazpowered about 5 years ago

    13

    Medium

    A web blogging platform where independent users write out their opinions that get featured in categorized groups called "Medium Collections."

    These articles don't adhere to any real journalistic standards, but are nice to read because in many instances they reaffirm your already deeply held beliefs.

    I just wrote 3 articles on Medium on how starting a startup is a really difficult but worthwhile journey. It got picked up and shared by 213 Twitter users.

    Added by yungsnuggie yungsnuggie about 5 years ago

    52

    Early Employee

    A founder who will take 1% of the company instead of 25%. This is a polite way of saying "sucker."

    CEO: "We couldn't have done it without a few great early employees."

    Added by employeeNumbaOne employeeNumbaOne about 5 years ago

    • SingleCommaClub SingleCommaClub

      I still wouldn't minded having been an early employee at Facebook or Uber.

      4
      Reply
      about 5 years ago
    • employeeNumbaOne employeeNumbaOne

      @silconobserver Zach Holman.

      1
      Reply
      over 4 years ago
    • silconobserver silconobserver

      This is total and utter bullshit. The founder risks his entire savings, family/friend relationships and pours his life into his startup. When things finally begin to work he goes out and hires the first few employees. In return the "early employees" get paid market rate or slightly below market rate and get equity and the founder gets painted as a greedy bastard? Who is the real sucker here

      3
      Reply
      over 4 years ago
    54

    Fuck you money

    When you make enough money from a startup or job that you can basically do whatever you want. Usually from equity after a liquidity event.

    Engineering manager: Congrats on the IPO everybody. See you guys on Monday.
    Engineer: I'm not sure about that
    Manager: You think you can do whatever you want now you have that fuck you money?
    Engineer: Sorry sir. I just got a little excited

    Added by zazpowered zazpowered about 5 years ago

    30

    Vanity Metrics

    Useless data that looks good but does not necessarily correlate real success.

    Bob: Our website gets a million views daily!
    Mark: How many of them are you converting to paid users?
    Bob: Well.. we are still working on that.

    Added by serge serge about 5 years ago

    9

    Y Combinator

    A label you add to your startup's intro (if chosen) that your company exchanges 7% of protected equity to arbitrary increase your valuation with.

    After getting accepted from Y Combinator, my 3 man team from [insert top 5 engineering school here], we launched our [insert undeveloped idea that sounds good on paper here], and raised 1.5 million dollars from Demo Day because we're changing the world.

    Added by yungsnuggie yungsnuggie about 5 years ago

    • charlesjo charlesjo

      Possibly more valuable label than Stanford in the startup world.

      2
      Reply
      about 5 years ago
    33

    Awesome Journey

    Used when a startup has failed. Intend to give a positive spin on what is a gut wrenching moment.

    While our startup has failed, it has been an awesome journey.

    Added by beenpoor beenpoor about 5 years ago

    15

    Facebook Friend

    Somebody you met in real life once who is useful for increasing your friend count and possibly the like counts of your latest selfies but likely someone you will never talk to again.

    "I don't know who Jane is but she's liking my photos so she stays."

    Added by zazpowered zazpowered about 5 years ago

      59

      Non-technical Cofounder

      A Wharton MBA who will overestimate the value of his idea and underestimate the value of the person who will implement it. Often wonders why his technical cofounders leave him and the apps they build look like shit and get hacked all the time.

      Non-technical Cofounder: Why do all these technical cofounders leave me? Did they not see the MBA from Wharton in my email? I'm telling you right now, I know how to write a business plan. I even offered the last guy 10% of my company.

      Added by zazpowered zazpowered about 5 years ago

      5

      IFTTT

      The mothership of all APIs. An app that lets you connect apps with other apps.

      I used IFTTT to tweet when I get a weather notification.

      Added by Original Jared Original Jared about 5 years ago

        4

        MVP

        Minimum Viable Products.

        Dude, I got a MVP for my project, do you wanna invest it?

        Added by hardin hardin about 5 years ago

        • charlesjo charlesjo

          GSD to MVP. MAU, ARR. Lower CAC. See YC, VC. IPO or M&A. No Netflix & chill.

          1
          Reply
          about 5 years ago
        3

        Corporation

        A person.

        Google is a person, just like us.

        Added by yungsnuggie yungsnuggie about 5 years ago

          5

          Y Combinator

          Y Combinator is an early stage seed fund started by Paul Graham in 2005. The combined market cap of Y Combinator companies is currently over $30 billion

          John: You should apply for Y Combinator they will give you 120k for 7% of your company and provide great mentorship.
          Amit: Great idea. I'm going to apply

          Added by zazpowered zazpowered about 5 years ago

            14

            Thiel Fellow

            A student under the age of 20 handpicked by Peter Thiel to drop out of college and start a company.

            I dropped out of MIT because Peter Thiel just gave me a $100,000 to realize my dream of creating a social network for dogs.

            Added by yungsnuggie yungsnuggie about 5 years ago

              5

              Buying the logo

              Investors putting a tiny percentage of a fund into a company so they can claim credit. Credit to Sam Altman

              Due to the success of Airbnb, some investors are buying the logo so they can put an Airbnb badge on their website.

              Added by zazpowered zazpowered about 5 years ago

                6

                Silicon Beach

                The area around Playa Del Rey/Venice where a fuckload of tech companies are moving in. Synonymous with brogrammers and people that wear startup t-shirts in public.

                Brogrammer Intern 1: "These new start-up tanks are clutch! Silicon Beach is the fucking bomb dot com!"

                Brogrammer Intern 2: "Shakabrah dude let's get SugarFish later then hit up the Bungalow since we're rich and gentrifying LA!"

                Brogrammer Intern 1: "Tubular brah let me shave my neckbeard first then we can get hyphy for real my friend"

                Added by dicknose dicknose about 5 years ago

                5

                Hipsterpreneur

                A person that sits frequently in hi-design coffee bistros, that claims to be changing the world with his big eco-friendly & non-scalable idea.

                While in reality this harmless, cobweb-bearded, latte-sipping, fixie-cycling creature camps out days on end, in mood-light-coffee-bistros leeching on free wifi and lemon water without having a remote clue of what it actually takes to hustle and hack his way to a MVP and beyond.

                Added by Abologic Abologic about 5 years ago

                • charlesjo charlesjo

                  Hipsterpreneur: Hashtag MVP. Hashtag unicorn. Friend/Interventionist: Dude, you got biscotti on your beard.

                  2
                  Reply
                  about 5 years ago
                4

                Soylent Diet

                Refers to the diet of busy entrepreneurs in Silicon Valley. Instead of eating like normal human beings these entrepreneurs drink Soylent, a powered meal replacement, because it is more efficient than chewing and using knife and fork.

                Check out this New York Times article for more about this interesting phenomenon.

                Matthew: Wow have you heard of Soylent? It will allow me to work throughout the day without wasting any time to eat like these foodies out here. I only wish it came in a backpack so I could attach a feeding tube between it and my stomach and have it on the go.

                Added by zazpowered zazpowered about 5 years ago