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Builtfirst Glossary
Updated over a month ago

Below is a list of common terms you'll see while using Builtfirst.

Terms


Activation

interchangeable with "redemption"; clicking through each step of the deal redemption to see details, terms, and instructions related to a discount

Deals are not applied by Builtfirst directly. Buyers must follow instructions that Sellers outline on the offer's details page.


Active Buyers

portfolio companies that a Partner has approved to join their community

Active Sellers

Sellers offering pre-negotiated deals for specific Partner(s) to curate

founder, customer, community member, portfolio company

Collection

a grouped view of offers, organized by a Partner

Marketplace

community, dealbook, list of deals

selecting deals that appear in a marketplace (can only be done by Partners), selecting deals to be featured and/or endorsed

discount, offer

general product/service created by Sellers, may or may not include specific deals

marking a deal as visible to your target audience (for Sellers)

Organization

your company account/profile in Builtfirst (can be Buyer, Seller, or Partner)

marketplace/community owner/manager, VC, advisor

vendor, provider

list of deals that can be added to any marketplace/community (visible only to Partners)

unique url to access a Partner's community

Partners/marketplaces/communities selected as eligible to display a specific offer (for Sellers)

coworkers that are a part of your organization in Builtfirst

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