Refers to a start-up company, typically in the IT field, that is designed to be sold to an acquirer at the earliest opportunity rather than built up into an enduring concern.
Burn rate is the speed at which a company is spending its cash. Particularly applicable to start-up enterprises, which may not generate enough new cash flow to offset their rate of spending.
A start-up is a new business venture, especially in its earliest stage, often funded by venture capital based on a detailed business plan.
