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Posted On May 31st, 2017 by Crowded Ocean

New terms are bubbling up in startup-land

Fat startup: According to the New York Times, the changes in capital markets now favor startups with grander visions and needs for funding levels on the order of hundreds of millions of dollars. As a result, “ideas that once seemed too expensive, too risky or just too crazy are now getting off the ground.” These start-ups are “fat” with capital funding and ambition.

Stack logic: The concept of a “software stack” is well understood in tech-land as separate layers of software working together to accomplish a task. The metaphor of a stack has now bled over to futurists and trend-watchers to describe a common set of resources according to this recent New York Times article.

Genericide: So far, the courts have held up the trademark protection of “Google” but it is quickly following the path of aspirin by transitioning into the mainstream as a verb and thereby causing Alphabet (the Google mother ship) to lose its trademark protection.

Hiring pipeline: This phrase is being used over and over to explain why real progress in gender and ethnic diversity is not evident in management and leadership roles at technology companies. As the theory goes, there simply aren’t enough qualified women or people of color coming into the candidate pool. But there’s more to it, of course.