Late-Stage
Late-stage startups often work towards an exit, whether by taking over or going public. Management is often supplemented or replaced by experienced managers. This phase marks the transition from startup to an established company with sustainable growth and a focus on long-term competitiveness.
Launch
A launch is the date from which a product or service is first presented to the public and goes on sale. A launch should be widely advertised and well marketed to increase the chance of a successful market entry.
Lean Startup
Lean Startup is a concept that makes the development of startups more efficient and risk-free. This includes the idea of putting products on the market with little effort as quickly as possible to gain customer feedback early on. This knowledge is then used to improve the product and to tailor it to the actual needs of the target group.
Letter of Intent
A letter of intent is used to make a declaration of intent without obligation. It states the current state of negotiations and the intention of concluding a contract. A Letter of Intent can be an important means of structuring negotiations and identifying possible differences early.
Leverage Buyout
A Leverage Buyout (LBO) is a company acquisition financed mainly by foreign capital. The leverage is used to increase the return on equity. LBOs enable investors to acquire companies that they otherwise could not finance. However, they require careful planning and implementation to ensure long-term success.
Lighthouse Project
A lighthouse project is a showcase project that serves as a model and orientation for future projects. Lighthouse projects play an important role in the digital transformation and development of new technologies and pave the way for further innovation.
Liquidity Plan
A liquidity plan is a key financial planning tool for companies and provides an overview of the expected development of payment capabilities over the next 12-24 months. It compares all the expected deposits with the withdrawals to estimate whether an excess or deficit of liquid funds is to be expected.
Lockup Phase
During a lockup period, certain shareholders may not sell or transfer their shares. This regulation is often applied to IPO's or other capital transactions. The lock-up period is an essential part of contracts in the field of venture capital and on stock exchanges.
LTV (Life-Time-Value)
The Life-Time Value (LTV) or Customer Lifetime Value (CLV), is a key indicator in marketing and economics. It refers to the total value a customer generates over the entire duration of his business relationship for a company.