by Willie Tan | Sep 8, 2025 | Glossary
A convertible note is an increasingly popular financing instrument for early-stage startups. Structurally, it’s a short-term debt that converts into equity—usually when the company raises its next priced financing round. This defers valuation debates and streamlines...
by Willie Tan | Sep 8, 2025 | Glossary
A conflict of interest (COI) arises when personal, financial, or other interests might influence—or appear to influence—a person’s judgment or actions in performing their professional duties. In the business context, even perceived conflicts can erode stakeholder...
by Willie Tan | Sep 8, 2025 | Glossary
Cloud computing is the on-demand delivery of computing services—including servers, storage, databases, networking, software, and analytics—via the internet (“the cloud”). It allows users to access scalable and flexible digital resources without needing to own or...
by Willie Tan | Sep 7, 2025 | Glossary
A Capital Call—also known as a drawdown—is a formal request made by a private equity fund, venture capital fund, or other investment partnership for its investors (limited partners, or LPs) to contribute a portion of the money they previously committed. When investors...
by Willie Tan | Sep 7, 2025 | Glossary
Burn rate refers to the speed at which a company, particularly a startup, spends its available cash to cover operating expenses before generating positive cash flow from operations. It is one of the most critical financial metrics for early-stage companies because it...
by Willie Tan | Sep 7, 2025 | Glossary
Software as a Service (SaaS) is a software distribution model where applications are delivered over the internet, typically through a subscription. Instead of installing software on individual computers or maintaining on-premise servers, users access SaaS applications...
