Alias of Research and Development Tax Credit
A capital raise is a business's strategic process to fundraise the money needed to grow a start-up. Also known as an “investment round”.
Recurring revenue is the amount of a business's revenue that's predicted to continue over time.
Research and Development Tax Credit is a UK government incentive to reward businesses for investing in research and development innovation.
A restrictive covenant is a contract that restricts the way a person can act. For example, it could prevent a departing founder from working in a competitive business for a defined period of time.
Reverse vesting happens when someone’s shareholding is taken from them if certain things happen. For example, if they don’t hit KPIs, or leave the business.See also: Vesting
In the start-up world, the runway is how long a business can keep going before the money runs out.See also: Burn rate