Milestone Glossary

Browse 4 milestone terms defined in plain English, from the cultural dictionary of computing.

4 Milestone Terms

IPO
Initial Public Offering — when a private company sells shares to the public for the first time, listing on a stock exchange. The traditional 'endgame' for...
Product-Market Fit
Product-Market Fit describes the moment when a product satisfies a strong market demand, evidenced by rapid organic growth, high retention, and enthusiastic...
Ramen Profitable
A startup that makes just enough revenue to cover the founders' basic living expenses (i.e., ramen noodles). Coined by Paul Graham, it represents the crucial...
Unicorn
Unicorn is a privately held startup company valued at one billion dollars or more. The term was coined by venture capitalist Aileen Lee in 2013 because such...

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