It took some time to achieve the product I was looking for, but we eventually got there. I do feel like a lot of hard work was put into this, and it even exceeded the page requirement. I'm pretty pleased overall. I give my thanks.
STAGES OF FINANCING
The six general stages include:
Seed-Money Stage: Small amount of money to prove a concept or develop a product
Start-Up: Funds are likely to pay for marketing and product refinement
First-Round Financing: Additional money to begin sales and manufacturing
Second-Round Financing: Funds earmarked for working capital for a firm that is currently selling its product but still losing money
Third-Round Financing: Financing for a firm that is at least breaking even and contemplating expansion; a.k.a. mezzanine financing
Fourth-Round Financing: Financing for a firm that is likely to go public within 6 months; a.k.a. bridge financing
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