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Have been heads-down yesterday and today at a seminar. The topic was Advanced Venture Capital, the "Advanced" part of which I have decided refers almost entirely to the jargon level.
Quote of the day for yesterday:
"If you leave that out of the LPA, you could end up getting crammed down by an inside pay-to-play round at the fund term."
(This would indeed be a very bad thing, but I'm confident you don't want a full description of why this is true.)
As a word geek, sometimes I marvel at the terminology of my chosen profession. My peers have completely serious discussions while employing vocabulary that verges on the ridiculous. Yesterday alone, there was discussion of - among other things - burn rates, down rounds, no-shops and go-shops, wash-outs, mezzanines, bring-downs, angels, woofies, cramdowns, shelf offerings, lock-ups, earn-outs, bridges, comfort letters, and black box exemptions.
Yikes. Jargon overload!

6 comments:
my head is spinning.....
round and round and round
I dunno, I think that sentence needs a few more acronyms.
You think you're so hip with your lingo and cool kid talk. So very exclusive chou chou!
No, Paige, I don't think I'm hip, I KNOW I'm hip.
Actually, I'm pretty sure I'm just a big goober. And I was LISTENING to the lingo, not spouting it. :-)
It's for reasons like this that I am glad I'm no longer stuck in the Marketing dept. Instead, I'm in the 'real world' of tech writing where they frown upon such silliness :-)
Have you ever played Jargon Bingo? We've played it at my office in the past. Sadly, 'woofies' was not one of our words...
Oh no...I'm having flash backs to b-school!!!!!!!!!!
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