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11 Cards in this Set
- Front
- Back
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Angel Investor
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Investors who fund the initial startup of an online business. In return for their capital, angel investors become stockholders in the business and often own more of the business than the founder. Typical funding by angel investors is between a few hundred thousand dollars and a few million dollars
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Capital Investment/Project
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A major outlay of funds made by a company to purchase fixed assets such as property, a factory or equipment
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Component Outsourcing
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Synonymous with partial outsourcing of the design, development, implementation, or operation of specific portions of an eCommerce system.
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Early Outsourcing
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The hiring of an external company to do initial eCommerce site design and development. The external team then trains the original company’s information systems professionals in the new technology, eventually handing over complete responsibility of the site to the internal team
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Fast Venturing
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The joining of an existing company that wants to launch an eCommerce initiative with external equity partners and operational partners who provide the experience and skills needed to develop and scale up the project very quickly.
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Incubator
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A company that offers start-up businesses a physical location with offices accounting and legal assistance, computers, and Internet connections at a very low monthly cost
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Late Outsourcing
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The hiring of an external company to maintains an eCommerce site that has been designed and developed by an internal information systems team
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Outsourcing
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The hiring of another company to perform design, implementation, or operational tasks for an information systems project
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Partial Outsourcing
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The outsourcing of the design, implementation, or operation of specific portions of an eCommerce system
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Total Cost of Ownership (TCO)
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Business activity costs including the costs of hiring, training, and paying the personnel who will design the website; write or customize the software, create the content, and operate and maintain the site. TCO also includes hardware and software costs
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Venture Capitalist
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A very wealthy individual or investment firm that invests in small companies that are about to grow rapidly. By investing large amounts of money (between a million and a few hundred million dollars, venture capitalists attempt to help these growing companies become large enough to sell stock to the public.
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