Glossary

Family Office

A family office is a firm that manages the resources of a wealthy family

Feb 8, 2025alejandro-gonzalezredwood-ventures

What Is a Family Office?

A family office is a firm that manages the resources of a wealthy family by implementing a wealth management strategy that includes not only investing in startups, but also various assets and asset classes.

Additionally, in some cases, these family offices also invest in venture capital funds.

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Startup

A startup is an innovative company designed to grow exponentially and scale across multiple markets. In its early stages, it will face considerable uncertainty about the ideal product and business model to support that growth and scalability.

Feb 8, 2025

Accelerator and incubator

A business accelerator helps other companies grow in their early stages. An incubator, on the other hand, supports projects at the idea stage and helps them turn that idea into a product.

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Annual Recurring Revenue

Annual Recurring Revenue, or ARR, means annual recurring revenue. It is the total amount of predictable, recurring revenue a startup generates from its customers each year.