Glossary

The language of scoring.
Defined plainly.

59 terms that venture, private equity, hiring and revenue teams use when they score founders, companies, candidates and accounts. Each one has a definition, an example and sources.

Scoring fundamentals

How a score is built, kept consistent and checked: rubrics, weights, calibration and the evidence behind each point.

Benchmarking

Comparing a score to a reference point, the market or your own history, to know whether it is actually good

Calibration

Getting every reviewer to mean the same thing by a 4, and how to run a calibration session that does it

Data enrichment

Adding verified outside facts to a bare name or company record so there is enough evidence to score it

Evaluation rubric

A rubric built for one decision type, with criteria, weights, hard requirements and anchored score levels

Evidence-based scoring

Scoring on checkable facts, with every point linked to the record that supports it

Fit score

One number for how closely a candidate, company, or deal matches your bar, built from weighted criteria

Inter-rater reliability

How often your interviewers or partners agree beyond chance, and the statistics used to measure it

Longlist

The first broad set of qualified candidates or companies, built for coverage before anyone starts narrowing

Model calibration

Whether a model's 70 percent really means 70 percent, how to check it, and how to fix it

Normalization

Putting dollars, ratings and years on one common scale before they are compared or added together

Predictive scoring

Estimating the odds that a hire, founder, or deal works out, learned from past outcomes and checked against new ones

Qualitative scoring

Rating soft criteria like communication or conviction on an anchored scale, with a reason written for every rating

Ranked shortlist

A shortlist put in order by score, with the evidence attached, so you know who to meet first and why

Rubric

A written guide to what each score level means, so different reviewers give the same evidence the same number

Score drift

When this year's 4 stops meaning what last year's 4 meant, why it happens, and how to catch it early

Scorecard

The filled-in record for one candidate or company: a score and its evidence for every criterion, plus a recommendation

Scoring model

The criteria, weights and rules that turn evidence into a score you can compare across a whole pool

Shortlist

The small set of candidates or companies that earn final interviews or a partner discussion

Signal

A specific, checkable piece of evidence used as an input to a score, and how to tell a strong one from noise

Weighting

How much each criterion counts toward the total score, five ways to set it, and when equal weights are enough

Venture capital and private equity

Terms for sourcing, screening and underwriting founders, companies and deals against a fund's thesis or a firm's mandate.

Deal flow scoring

One rubric across a fund's whole pipeline, every source and every partner, so priority follows evidence

Deal screening

The first-pass review that decides which companies get partner time, before any diligence starts

Deal sourcing

How venture and private equity investors find companies, which channels produce deals, and how to measure them

Due diligence

Checking a company's claims and sizing its risks before an investment, acquisition, or senior hire

Founder scoring

Rating founders and founding teams against a fund's bar, criterion by criterion, with the evidence attached

Inbound deal scoring

Rating unsolicited pitches against the fund's thesis and bar so good cold deals reach a partner fast

Investment committee

The partners who review the memo and diligence on a deal and vote yes, no, or yes with changes

Investment memo

The written case for or against a deal that the investment committee votes on and the fund keeps as a record

Market mapping

Listing every company in a sector, ranking it against a mandate, and watching for the moment one becomes actionable

Portfolio talent

The executives and operators a fund tracks and places across its portfolio, run as one shared pool

Relationship intelligence

A team's shared record of who it knows and how well, used to decide who to meet next and who to bring together

Thesis fit

How closely a company matches a fund's mandate and the specific beliefs it has promised investors it will back

Underwriting talent

Assessing a key hire or incumbent executive with the same discipline an investor uses to underwrite a deal

VC deal sourcing

How venture funds find founders: networks, scouts, inbound, and meeting people before the round starts

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