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Market Company and Nick enter into a contract for Nick to cut and trim the landscaping around Market's building before a meeting of the company's sales staff. When Nick's schedule conflicts, he asks Otis to do the cutting and trimming. This transfer of duties is
Commercial Entities
Organizations engaged in commercial activities, aiming to generate profits from their operations.
Pre-money Valuation
The valuation of a company immediately before it goes through a round of financing or receives external funding.
Post-money Valuation
The estimated value of a company after external financing and injections of equity have been added to its balance sheet.
Angel
A wealthy person who funds a new business, typically in return for convertible debt or a share in the company's equity.
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