Definition
ERP
Enterprise resource planning software that runs core operations such as finance and supply chain.
From the episode “"The Agent Did It" Won't Hold Up in Court”How founders on the podcast use it
Enterprise resource planning software, where sourcing, pricing, and supply chain IP tends to live.
Tokenomics Will Wreck Your Margins: The AI Model Routing Workflow That Cuts SpendHear it on the podcast2 episodes
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Related terms in Product & Engineering
Engineer vs. CoderEngineers are system architects — they decide what to build, how components fit together, what problems the architecture needs to solve. Coders implement those specifications. The distinction matters because coders can increasingly be replaced by AI that executes specifications quickly and cheaply; architects cannot. Founders who staff with coders instead of engineers get fast execution without coherent architecture. The correct hire for a technical team is engineering judgment, not implementation capacity.Enterprise Data Technical DebtThe accumulated cost of maintaining, working around, and compensating for outdated, disorganized, or incompatible data infrastructure. Analogous to software technical debt but measured at the data layer rather than the code layer. Includes the ongoing cost of maintaining legacy mainframe systems that cannot be retired without major migration, the cost of manual data cleaning and reconciliation work performed by human analysts, and the cost of enterprise AI projects that underperform because data quality cannot support the intended use case. The Wall Street Journal cites this as a $1.52 trillion annual problem in the US alone. David Carmel uses the metaphor of Victorian era plumbing: the pipes are old, they work after a fashion, but they are fundamentally incompatible with the modern infrastructure being built around them.EpicThe highest-level planning unit in the software development lifecycle: a large body of work defining a significant product capability. An epic breaks into multiple requirements; each requirement breaks into atomic tasks. In AI-native development, epics define multi-feature projects (build a multi-tenant Pilates platform with video libraries, subscriber management, and per-studio payment systems) while requirements define individual features within that project. The hierarchy matters: agents given an epic-level prompt will attempt to solve the entire thing in one shot and fail; agents given an atomic task will succeed consistently.Epic / Milestone / TaskDescending units of work — epics are big features, milestones are subfeatures with user stories and success metrics, tasks are small scoped changes.ETL PipelineExtract, Transform, Load - a data engineering pattern describing the three-step process of (1) extracting data from source systems, (2) transforming it into a consistent, clean format, and (3) loading it into a destination system for analysis or use. ETL is the foundational workflow of enterprise data infrastructure and has been central to data engineering since the 1970s. Modern AI ETL pipelines extend the traditional pattern by using AI models in the transformation step to process unstructured inputs - documents, images, audio - that traditional ETL could not handle. Mehul Shah's background includes building AWS Glue, Amazon's flagship ETL service, and OpenSearch, a distributed search and analytics engine built on Elasticsearch.ExpoAn open-source framework built on React Native that allows developers to write one codebase and deploy to iOS, Android, and web simultaneously. Bloom uses Expo as its front-end foundation.Factory resetWiping a device to default settings, which generates new device identifiers and lets fraudsters dodge detection blocks. Now takes about 30 seconds on an iPhone.FDE (Forward Deployed Engineer)An engineer embedded with a client to build custom, configured solutions on site. The model was popularized by Palantir.