Glossary

Federal Open Market Committee – FOMC – Definition

The Federal Open Market Committee is the branch of the Federal Board responsible for determining the direction of monetary policy.…

7 years ago

Startup Incubator – Definition

This term seems to stem from the modern business world, yet it is not a brand new concept. In 1956,…

7 years ago

Machine Learning: Theory and Practice

Practice makes perfect. This popular sentence needs no explanation and can be applied to every aspect of our lives. Our…

7 years ago

The Idea of Seed Funding

What came first? The chicken or the egg? This dilemma remains unsolved, and it seems like no one ever will…

7 years ago

Artificial Intelligence – What is It?

Several years ago artificial intelligence was still just a matter of sci-fi movies and theoretical deliberation. Nowadays it is an…

7 years ago

Vanity Metrics and Actionable Metrics – Definitions

Imagine you’re starting up a business: you set up a website and/or a fanpage on Facebook and you struggle to…

7 years ago

Freemium – Definition

Over the last few years, a specific, alternative business model has evolved. Its purpose is to provide a service for…

7 years ago

B2B and B2C – Definition

What is Business To Business (B2B)? Business To Business (B2B) is a specific type of transaction where only companies are…

7 years ago

Venture Capitalist – Definition

Launching a startup is becoming a more and more popular form of making business. These kinds of companies are often…

7 years ago