Elevator Pitch
A slang term referring to the 20-60 seconds an entrepreneur has to interest a venture capitalist (VC) in his or her business idea.
Investopedia Commentary
Entrepreneurs have about the same amount of time to pitch their idea to a VC as they would if they ran into the VC in an elevator and had their (unwilling) attention for the ride.
Related Links
IPO Basics Tutorial
See also: Angel Investor, Bootstrap, Burn Rate, Drive-by Deal, Love Money, Seed Capital, TSX Venture Exchange, Venture Capital, Venture Capital Fund, Vulture Capital