Chapter 11

Glossary

Like most other companies, Founders Factory over time has developed a vocabulary specific to our work and culture. Most of the time we try and use the same vocabulary as everyone else on the planet, that said…

Spin out

When we talk of “spinning out”, we don’t mean having a meltdown or existential crisis. Instead we’re referencing the end of incubation when a project incorporates as a standalone business outside of Founders Factory. Why spin out? I suppose it’s in reference to the sheer momentum of a project at the end of incubation, that it has now indeed become a projectile and “spins out”.