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Lexicon • 1,416 entries

Path to Value

DE: Weg zum Wert

Shortest set of steps that lead users to realize value.

Product & Growth

Pay-in-Kind (PIK) Interest

DE: PIK-Zinsen

Interest paid with additional debt or equity rather than cash.

Financing & Investors Synonyms: PIK Source ↗

Pay-to-Play

DE: Pay-to-Play

Provision requiring investors to invest pro rata in down rounds to retain preferences.

Financing & Investors

Payback Period

DE: Amortisationsdauer

Time required to recoup an investment from net benefits.

Market & Strategy

Payback Period (CAC)

DE: Amortisationsdauer (CAC)

Months needed for gross margin to cover acquisition cost.

Metrics Synonyms: CAC payback

Paydown Schedule

DE: Tilgungsplan

Planned timeline of principal repayments on debt facilities.

Financing & Investors

Paywall

DE: Bezahlschranke

Access barrier requiring payment to continue using content or features.

Product & Growth Source ↗

Perceived Differentiation

DE: Wahrgenommene Differenzierung

Market perception of meaningful uniqueness.

Market & Strategy

Percent of New ARR from Expansion

DE: Anteil neuer ARR durch Expansion

Share of new ARR driven by existing customers.

Metrics

Percent of Revenue from New Logos

DE: Anteil Umsatz neue Logos

Share of revenue from first-year customers.

Metrics

Performance Improvement Plan (PIP)

DE: Leistungsverbesserungsplan

Formal plan to address performance gaps with specific goals and timelines.

Organization & Leadership Synonyms: PIP

Persona Messaging

DE: Persona-Messaging

Tailoring value propositions to specific personas.

Product & Growth

Persona-Use-case Matrix

DE: Persona/Use-Case-Matrix

Mapping of personas to their highest-value use cases.

Product & Growth

Phantom Stock

DE: Phantomaktien

Synthetic equity that pays out value without actual shares.

Financing & Investors Source ↗

Piggyback Rights

DE: Mitzeichnungsrechte

Right to include shares in another party’s registration.

Financing & Investors

PIK Toggle

DE: PIK-Umschalter

Borrower option to switch between cash and PIK interest.

Financing & Investors

Pinch Hitter Investor

DE: Einspringender Investor

New investor stepping in when a lead withdraws late.

Financing & Investors

PIPE

DE: PIPE

Private investment in public equity, often used post-IPO or with SPACs.

Financing & Investors Source ↗

PIPE Discount

DE: PIPE-Rabatt

Discount to market price granted in a PIPE deal.

Financing & Investors

PIPE Lock-up

DE: PIPE-Sperrfrist

Restriction on selling shares received in a PIPE for a period.

Financing & Investors

PIPE Registration

DE: PIPE-Registrierung

Filing to register resale of shares acquired in a PIPE.

Financing & Investors

Pipeline Campaign

DE: Pipeline-Kampagne

Coordinated program to create qualified opportunities.

Market & Strategy

Pipeline Coverage

DE: Pipeline-Abdeckung

Ratio of pipeline value to sales quota for a given period.

Metrics

Pipeline Velocity

DE: Pipeline-Geschwindigkeit

Rate at which opportunities move through stages to close.

Metrics

Pipeline-to-Quota Ratio

DE: Pipeline-zu-Quote

Coverage for a seller or period (e.g., 3× quota).

Metrics