Spend some time in Silicon Valley and your ears will no doubt experience an endless barrage of startup-related buzzwords. Words like “pivot,” “hyperlocal,” and “MVP” are all used in the business vernacular, but truth be told most people don’t know what they actually mean. With that in mind, we picked the brains of some of “The Valley’s” finest founders and big players to provide you with the real definitions of these mysterious words. We think you will be surprised to learn that the true meanings of these terms are a far departure from what you were expecting. We think we got them right — or at least hope we did!