Startup Glossary: Letter "P"
Explore definitions, key metrics, legal terms, and financing mechanics shaping the startup ecosystem.
P
Pitch Deck
A Pitch Deck is a short, highly structured slide presentation used by founders to pitch their startup to prospective investors.
Pivot
A Pivot is a fundamental shift in a startup's business strategy, product direction, target market, or monetization model based on feedback and market validation.
Post-Money Valuation
Post-Money Valuation is the calculated value of a startup immediately after a funding round is completed.
Pre-Money Valuation
Pre-Money Valuation is the negotiated, estimated value of a startup before it receives a new round of investment.
Pre-Seed
Pre-Seed funding is the earliest stage of venture financing, typically occurring before a startup has a fully developed product or proven product-market fit.
Pro-Rata Rights
Pro-Rata Rights give investors the legal right to participate in future funding rounds to maintain their ownership percentage in the startup.
Product-Led Growth
Product-Led Growth (PLG) is a business model where product usage, adoption, and value are the primary drivers of customer acquisition, retention, and expansion.
Product-Market Fit
Product-Market Fit (PMF) is the stage where a startup has built a product that successfully satisfies a strong market demand in a scalable way.