Startup stages & company states · Core

Iteration

Also called: product iteration

ELI5

A controlled improvement rather than a full change in direction.

Used in conversation

“This is an iteration, not a pivot.”

Definition

A smaller improvement or test that preserves the core direction while changing execution.

Here “Iteration” means: A smaller improvement or test that preserves the core direction while changing execution.

Pitch context

You will see “Iteration” in fundraising decks, data rooms, term sheets and investor conversations when the discussion reaches startup stages & company states.

Why it matters: It helps a reader interpret startup stages & company states without confusing the measure, decision, role or evidence being discussed.

Connected terms

Sources & evidence · 5

Supporting source families. This entry is an editorial synthesis rather than a quotation from one canonical glossary.