Startup Glossary: Letter "J"

The J-Curve is a visual representation of a venture capital fund's net cash flow over time, showing negative returns in the early years followed by significant positive returns in the later years.

The J-Curve Effect is the visual trajectory of a venture capital fund's returns, which typically decline early on due to startup write-offs and fees before rising as mature companies exit.

A Joint Venture (JV) is a strategic business arrangement where two or more independent companies pool resources to form a new, joint entity for a specific project or business activity.