Explore definitions, key metrics, legal terms, and financing mechanics shaping the startup ecosystem.
A Key Performance Indicator (KPI) is a quantifiable metric used by startups to evaluate performance, track growth velocity, and report operational progress to board members and investors.
A Key Person Clause is a provision in a venture capital fund's agreement that prohibits the fund managers (GPs) from making new investments if designated key partners leave the firm.
A KISS Agreement (Keep It Simple Security) is a standardized open-source financing document created by 500 Startups that offers pre-seeded convertible equity or debt terms with investor-friendly investor protections.