Startup lingo for beginners
Jumping into the startup game but worried about looking like a newbie? No worries thanks to Fareesa Dastagir at talkTECH communications who has ten terms to know so you’re not completely blindsided by the shop talk.
It’s like junior high, but this time you know what everyone’s talking about.
1. API
Application Programming Interface is a source code-based specification intended to be used as an interface by software components to communicate with each other. APIs are commonly used to share content throughout other web communities. Sharing information in one community allows you to post to multiple websites. Facebook and twitter use their own API to allow this.
2. SDK or “devkit”
Software Developer’s Kit a set of software development tools that allows for the creation of applications for a certain software package, software framework, hardware platform, computer system, video game console, operating system. For example, Apple’s Xcode let’s a developer build an application for Mac, iPhone, and iPad.
3. MVP
Minimum Viable Product, a term coined by Eric Ries, the pioneer behind Lean Startup, is a strategy used for fast and quantitative market testing of a product or product feature. In other words, develop a basic prototype to present to your target audience to get some feedback. The product doesn’t have to be perfect, in fact, it may be better that your customer gives you their feedback because it tells you your product isn’t ready for production but at least they’re using it.
Full story at talkTECH Communications.
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