Startup traction, burn & capital efficiency · Core
Asset-light
Also called: capital-light
ELI5
The company grows without owning many expensive assets.
Used in conversation
“Asset-light does not mean cost-free.”
Definition
A model requiring relatively little owned physical capital to operate or grow.
Here “Asset-light” means: A model requiring relatively little owned physical capital to operate or grow.
Pitch context
You will see “Asset-light” in fundraising decks, data rooms, term sheets and investor conversations when the discussion reaches startup traction, burn & capital efficiency.
Why it matters: It helps a reader interpret startup traction, burn & capital efficiency without confusing the measure, decision, role or evidence being discussed.
Sources & evidence · 5
Supporting source families. This entry is an editorial synthesis rather than a quotation from one canonical glossary.
- U.S. Securities and Exchange Commission — Small Business Capital Formation GlossarySupporting source family · primary · checked 2026-08-16
- U.S. Securities and Exchange Commission — Exempt OfferingsSupporting source family · primary · checked 2026-08-16
- National Venture Capital Association — Model Legal DocumentsSupporting source family · institutional · checked 2026-08-16
- Y Combinator — Safe financing documentsSupporting source family · practitioner · checked 2026-08-16
- Y Combinator — Series A Term Sheet TemplateSupporting source family · practitioner · checked 2026-08-16