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Venture facts & stats

7 fact-checked facts about startups, ventures and entrepreneurship, each with the reason behind it. 5 more are in today's round and join this page after it closes.

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The basics

A short presentation of a business idea is called a what?

AnswerPitch

Founders pitch to explain their idea quickly.

The word 'entrepreneur' comes from which language?

AnswerFrench

It comes from French entreprendre, 'to undertake'.

Going deeper

The tech startup hub around San Jose and Palo Alto is known as what?

AnswerSilicon Valley

Silicon Valley is in the San Francisco Bay Area.

Who wrote the 2011 book 'The Lean Startup'?

AnswerEric Ries

Ries popularized build-measure-learn and the MVP.

Hewlett-Packard famously began in a garage in which city?

AnswerPalo Alto

Bill Hewlett and David Packard started HP there in 1939.

Expert level

Who is often called the 'father of venture capital'?

AnswerGeorges Doriot

Doriot founded American Research and Development Corporation in 1946.

Who coined the startup term 'unicorn' in 2013?

AnswerAileen Lee

Aileen Lee used it in a 2013 article on billion-dollar startups.

Know these cold?Today's round is five questions like these, 20 seconds each. Your streak and level follow you to every arena.Play today's round