I used to be a product manager for an EdTech startup. I would always say something like "I help design and build software that's designed to teach people bette

I used to be a product manager for an EdTech startup. I would always say something like "I help design and build software that's designed to teach people better foreign language conversation skills" Now that I'm out of tech, and run my own startup, I just simply state my company's value-prop via 3 questions, and that usually is more than enough.