GLOSSARY

In the land of startups, scale-ups and Venture Capitalism, jargon and abbreviations are absolutely everywhere. Use this startup glossary of terms to search 101+ definitions every startup founder should know.

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U

Unicorn
A company (often in the tech or software sector) with a valuation of over US$1 billion.

Unicorn Startup
A privately held startup company valued at over $1 billion.

Unit Economics
Important when calculating the profitability of a product or service. Loosely calculated as Lifetime Value (LTV) of a customer divided by Customer Acquisition Costs (CAC).

Unsupervised Learning
AI learning from unlabelled data to find patterns or structures.

User Experience (UX)
The overall experience a user has when interacting with a product or service.