Proprietary: Belonging to or controlled by an individual or organization that has the ability to share that item (in this case, software code) with others.
Startup Company: Company in a product development stage requiring further funds to initiate commercial manufacturing and sales (FVCA Yearbook, 2004 AU13: The in-text citation "FVCA Yearbook, 2004" is not in the reference list. Please correct the citation, add the reference to the list, or delete the citation. ).
Evaluation: Subjective and qualitative assessment of an investment opportunity.
Valuation: Process of placing a monetary value on an investment opportunity ( Seppä, 2003 ).
Seed Company: Company in a stage of research, assessment, and development of an initial concept before reaching the start-up phase (FVCA Yearbook, 2004 AU12: The in-text citation "FVCA Yearbook, 2004" is not in the reference list. Please correct the citation, add the reference to the list, or delete the citation. ).