Alpha Release
The first internal version of a product used for early testing and feedback.
Founders Glossary
A complete startup glossary with founder, entrepreneur, and business terms. Understand key concepts used in daily startup life at Finallayer.
A
Acquisition Due Diligence
The process of verifying a company’s finances, operations, and risks before acquisition.
Anti-Dilution
Protection that helps investors maintain ownership when new shares are issued at lower valuations.
Articles Of Incorporation
Legal documents that officially register a company with the government.
B
Beta Release
A public testing version of a product released before final launch.
Board Governance
The rules and processes that guide how a company’s board operates.
Board Observer
A non-voting participant who attends board meetings to stay informed.
Board Seat
A formal position on the company’s board of directors.
Bridge Round
Short-term funding raised to extend runway before the next major round.
C
CAC Payback Period
The time required to recover customer acquisition costs through revenue.
CAP Table Waterfall
A breakdown showing how proceeds are distributed during exits or liquidation.
Capitalization Table
A record of a company’s ownership, equity, and shareholder stakes.
Cliff Vesting
A vesting structure where equity starts after a fixed initial period.
Co-Founder Agreement
A contract defining roles, equity, and responsibilities among founders.
Convertible Note
A loan that converts into equity during a future funding round.
Convertible Preferred Stock
Shares that can convert into common stock under specific conditions.
