Shark Tank Vocab

Front

Company's strategy for profit

Back

business model

Front

Cost to acquire a new customer

Back

customer acquisition cost

Front

Value of the company owned by a person

Back

equity

Front

Getting product to the customer (wholesalers, retailers, direct to consumer)

Back

Distribution

Front

Exclusive right for an invention

Back

Patent

Front

Company's worth estimate

Back

valuation

Front

A product or manufacturing process protected by patent, copyright, or trademark.

Back

Proprietary

Front

Selling rights to another company for your patented product.

Back

Licensing

Front

Evidence that a product or business model is feasible.

Back

Proof of concept.

Front

Percent of sales paid to investor

Back

royalty