Angel Investor

A secondary offering takes place in the secondary market in the years following an IPO. It may either involve the sale of existing shares or the issue of fresh shares, depending on the parties involved in the transaction.

Standard deviation is a measurement of the variability of a data set against the mean.

A general partner is someone who jointly owns a business and has unlimited liability. They have the power to make business decisions without the prior approval of other partners. They usually run VC firms and deal with the day-to-day running. This is different from Limited Partners.