# Startup Glossary

[What is vesting?](https://ltse.com/insights/what-is-a-standard-vesting-schedule)

[What is an investment banker?](https://ltse.com/insights/what-is-an-investment-banker)

[What is a stock warrant?](https://ltse.com/insights/what-is-a-stock-warrant)

[What is a liquidity event?](https://ltse.com/insights/what-is-a-liquidity-event)

[What is an angel investor?](https://ltse.com/insights/what-is-an-angel-investor)

[What is a limited partner?](https://ltse.com/insights/what-is-a-limited-partner)

[What is a 409A valuation?](https://ltse.com/insights/what-is-a-409a-valuation)

[What is an earnout?](https://ltse.com/insights/what-is-an-earnout)

[What is a letter of intent (LOI)?](https://ltse.com/insights/what-is-a-letter-of-intent-loi)

[What is convertible debt?](https://ltse.com/insights/what-is-convertible-debt)

[What is at-will employment?](https://ltse.com/insights/what-is-at-will-employment)

[What is an option pool?](https://ltse.com/insights/what-is-an-option-pool)

[What is an acquisition?](https://ltse.com/insights/what-is-an-acquisition)

[What is seed capital?](https://ltse.com/insights/what-is-seed-capital)

[What is liquidation preference?](https://ltse.com/insights/what-is-a-liquidation-preference)

[What is common stock?](https://ltse.com/insights/what-is-common-stock)

[What is post-money valuation?](https://ltse.com/insights/what-is-post-money-valuation)

[What are outstanding shares?](https://ltse.com/insights/what-are-outstanding-shares)

[What is a strike price?](https://ltse.com/insights/what-is-a-strike-price)

[What is an initial public offering (IPO)?](https://ltse.com/insights/what-is-an-initial-public-offering-ipo)

[What is equity compensation?](https://ltse.com/insights/what-is-equity-compensation)

[What is venture capital (VC)?](https://ltse.com/insights/what-is-venture-capital-vc)

[What is an anti-dilution provision?](https://ltse.com/insights/what-is-an-anti-dilution-provision)

[What is venture debt?](https://ltse.com/insights/what-is-venture-debt)

[What is Series A funding?](https://ltse.com/insights/what-is-series-a-funding)

[What is a term sheet?](https://ltse.com/insights/what-is-a-term-sheet)

[What is insolvency?](https://ltse.com/insights/what-is-insolvency)

[What is a syndicate?](https://ltse.com/insights/what-is-a-syndicate)

[What is pro rata?](https://ltse.com/insights/what-is-pro-rata)

[What is pre-money valuation?](https://ltse.com/insights/what-is-pre-money-valuation)

[What are stock options?](https://ltse.com/insights/what-are-stock-options)

[What is a lead investor?](https://ltse.com/insights/what-is-a-lead-investor)

[What is a right of first refusal (ROFR)?](https://ltse.com/insights/what-is-a-right-of-first-refusal-rofr)

[What is a non-disclosure agreement (NDA)?](https://ltse.com/insights/what-is-a-non-disclosure-agreement-nda)

[What is an entrepreneur in residence (EIR)?](https://ltse.com/insights/what-is-an-entrepreneur-in-residence-eir)

[What is a capitalization table?](https://ltse.com/insights/what-is-a-capitalization-table)

[What is an 83(b) election?](https://ltse.com/insights/what-is-an-83-b-election)