A development stage enterprise is an enterprise devoting substantially all of its efforts to establishing itself. Either the planned principal operations have not started, or there has been no significant revenue even though principal operations are underway.
The shares issued to the founders of a company, often carrying special dividend rights and voting rights, offering an incentive for sustained involvement and control by the original founders.
A financial projection model that predicts sharply increasing earnings following a period of modest growth, visually resembling a hockey stick when plotted on a graph.
An informal name for a company with the potential to grow quickly, providing it can obtain substantial capital; risks are likely to be high. The information technology industry is an example of a sector that has included a number of mad dogs.
Silicon Valley is a region in California known for its high concentration of tech companies and innovation in high-tech research and development. Named after silicon, a primary component used in semiconductor computer chips, this area has become a global hub for technology startups and established technology giants.
