What are some of the most common words or phrases in the startup/tech industry that aren't said as much elsewhere? Asking for a friend in LA. e.g. traction, scale, disrupt, zero to one, forcing function…
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Replying to @csallen
The angels were hoping for a unicorn when it came out of the accelerator but since the company needs to pivot they’re raising a bridge from seed. The MVP has some traction but not the metrics to get a term sheet from a venture capitalist. All nouns but “company” are jargon.
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I’m a little disappointed that I understood all of that. Even worse is it made sense to me.
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Replying to @chris_novelty @csallen
I think that’s the wrong takeaway. Jargon is valuable! It lets you box up complicated clusters of topics and communicate them efficiently to within people on the inside of a system. e.g. “Patrick is an angel” said in an introduction means you can pitch w/o calling your lawyer.
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And that’s not what any of the three parties to the intro intended by saying “angel” it’s just an efficiency-improving side effect of how the industry configures its rituals in its regulatory environment.
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