Vision Quest
A period of time where one does psychedelic drugs to come up with profound visions and ideas for one's company.
Steve Jobs went on a 2 year vision quest before starting Apple computer. Some say his mind opened up during his time allowing him to see beyond the limited vision of the peers in his field.
yungsnuggie over 8 years agoPrenicorn
Pre-Unicorn. A company who is perceived to one day be a unicorn.
I am Liam Joover, an investor that only invests in prenicorns.
yungsnuggie over 8 years agoWearable Baiting
Ostentatiously sporting wearable tech with the hope that someone will ask you about it.
I can't hang out Ranvid anymore. He still wears his Google Glass and an iWatch on each hand hoping random people would talk to him, just wearable baiting so hard.
GoogleEngineer over 9 years agoOutside-In Engineer
An engineer who doesn't display fear, anger, happiness, sadness or disgust, 5 key emotions popularized in Pixar's Inside Out.
After being toured around Google X, Jack determined that most of the engineers seemed like outside-in engineers who didn't reveal a single emotion in his presence.
yungsnuggie over 9 years agoDomain Squatting
Buying and keeping a domain that one will never use, with the hope that one day they will be emailed a high (often over inflated) offer for it for purchase.
Ryan: How the hell did Mark buy that giant house? I thought his startup failed? Lewis: He bought a bunch of domains in the 90s and supposedly sold alot of them now. Have you heard of hillaryclinton.com? Ryan: Of course... Lewis: Well it was originally owned by him.
yungsnuggie over 9 years agoPain Points
The parts of your (imagined, potential) customer's business process that makes him/her want to jam their sushi chopsticks up their nose and slam his/her head onto his/her desk.
The parts of your new technology you created that make your customers reach for the chopsticks. They're totally forgotten by you, because your kludge to work around them have become an invisible habit (unknown knowns).
Reporter: "What happened to this one, doc?"
Coroner: "Another double, trans-nasal frontal lobotomy. His pain point was trying to paste an Excel spreadsheet into a web-based ERP system."
FuctCo5K over 9 years agoNomophobia
The irrational and all-consuming fear of being out of cell phone contact.
Coined by British researchers. An abbreviation of no-mobile-phone-phobia.
"I left my phone at home this morning and I feel like I've lost a limb. I'm suffering from severe nomophobia." "When my battery hits 5% I get jittery. I must be suffering from nomophobia."
doctornomo over 9 years agoSharktank
A cringe worthy television show where entrepenurs are handpicked by executive producers and the investors have to act like they don't have any information about the startups who are pitching them.
James Snow: I watched 2 seasons of Sharktank, I think I'm ready for Silicon Valley. Emma Motson: You know nothing James Snow.
HalfLife3 over 9 years agoChurn Rate
Fancy term for the percentage of people that stop using startup's offerings.
Higher the churn rate, the more screwed up your startup will be.
Famously used in Andrew Chen's blog article on dating startups
Investor: So what's the churn rate for your company?
Founder: Well, in the last 3 months, about 80% of users came back to use our service.
Investor: So, about 20%. That's pretty good. But that's 80% out of how many?
Founder: ...
svhunt over 9 years agoLow Fidelity Prototype
Drawing what your app would look like on a bunch of paper and asking people to pretend it's a real app. This saves you the time of making something on your computer...(which ironically would actually take less time for alot of people).
My low fidelity prototype flew away when the wind got really strong when I was testing my app for hobos at Golden Gate Park.
HalfLife3 over 9 years ago
Cyberdust
An ephemeral photo and text sharing app.
It's mostly known as a Snapchat competitor that Mark Cuban is trying to make cool by tweeting about and making team announcements on for the Dallas Mavericks (which he is the owner of).
Now that Mark Cuban has retweeted me, I'm going to delete Cyberdust.
HalfLife3 over 9 years agoSnapchat Stealth Marketing
Pretending to be a celebrity or model, getting alot of followers, and then plugging your website in between stories.
Julius has 10,000 followers on Snapchat all who think he's a Parisian model. He's just taking pictures snaps of some random model on the internet.. Sometimes he writes his website name on some of the pictures as a Snapchat Stealth Marketing tactic.
HalfLife3 over 9 years agoOJ
A nickname given to Donald "Jared" Dunn after another employee named "Jared" was supposedly being hired to Pied Piper.
The meaning was initially "Other Jared", as proposed by the gang, to distinguish between Donald "Jared" Dunn and the new employee. Donald "Jared" changed the meaning to "Original Jared" to make the meaning positive for him.
OJ was trapped on an island full of autonomous robots for four days; the way he returned was never mentioned.
AquaticBliss over 9 years agoY Combinator Fellowship
A lighter weight YC program that grants $12,000 with no equity taken. The program last for 8 weeks and is part of YC's goal to help a greater number of startups.
Added by
zazpowered over 9 years agoVideos of 2015 YC fellowship http://www.topchart.io/lists/ycombinator-fellowship-2015-founder-videos
@charlesjo I've been following that list. Good stuff on there
Startup Founder
Something you put in your Twitter bio or Linkedin profile when you are starting a stealth company and cannot announce your company to the public but also don't want to miss out on an opportunity to tell other people that you are entrepreneur. The alternative being waiting for your company to be launched before putting it on your Twitter or Linkedin profile
Startup founder. Working on a Bitcoin startup
zazpowered about 9 years agoButton's Law
Inspired by Benjamin Button and Moore's Law, this is an observation that the average age of new engineers & entrepreneurs decreases by approximately 1 with every passing year. With online education becoming commonplace, people all over the world are able to learn at a faster pace. Critics of Button's Law argue that this doesn't make any sense because average age will eventually reach 0 but they are wrong.
Matthew: Damn did you read about that 7 year old entrepreneur? He started his own car company to compete with Tesla and has already raised funding.
Sarah: Jesus. Back when I was 7 I was building sand castles.
zazpowered over 9 years agoTechtech
The process of adding a technological component to the technology industry that hasn't been done before. In other words, creating software applications for software applications.
Think Apps + Apps = more Apps = Techtech, or in other words - Techception
Person A - man what a world, we've got adtech, cleantech, edtech, fashtech, fintech, foodtech, govtech, this tech, that tech, what's next?
Person B - Techtech!
Person A - what the hell's that?
Person B - well how about I give you a demo?
Person A - "backs away knowing what happened last time when Person B demo'ed the Smart Smart"
"Person B takes out his smart phone to display an app whose avatar is using an app that is using the same app that Person B is using"
tosfan4ever over 9 years ago
Slack Zero
Refers to when you've gone through all the notifications on slack.
Ryan Hoover: Slack zero is the new Inbox zero -> https://twitter.com/rrhoover/status/625870303940362244
svhunt over 9 years agoPrivate Beta
When a startup requires an invite to use their product but invite codes are handed out like candy. Used to appear favorably to investors because it implies there were at least some users that wanted to use their product but couldn't get in.
Founder: Guys we are in private beta right now but if you use invite code TRYME you will have access. Don't share with your friends though. Make sure you don't share
zazpowered over 9 years ago
I would actually call this "Paper Prototype". Low-Fidelity can be digital.