Burn rate, MVP, TAM — if you’re interested in tech and startups, you probably hear terms like these regularly. But what do they really mean? In this episode of Startup School, Managing Partner Dalton Caldwell breaks down some of the most common terminology that you’ll come across in the startup world. Apply to Y Combinator: Chapters (Powered by ) - 00:00 - Intro 00:30 - MVP 01:05 - VCs and Angels 03:20 - Profit and Burn 05:31 - Seed and Series A, B, C... 07:39 - PMF and Bootstrap 10:26 - Convertible Note and Equity 12:35 - TAM and Valuation 15:16 - IPO and ARR 17:40 - Outro