**📅 Date:** ➤ ⌈ [[2025-05-29-Thu〚Storytelling & Character ▪Writer's Room ▪ Venture Capital Life Cycle〛]]⌋ ⇩ 🅻🅸🅽🅺🆂 ⇩ **🏷️ Tags**: #💰/Economy **🗂 Menu**: ⌈[[✢ M O C ➣ 05 ⌈M A Y - 2 0 2 5⌉ ✢|2025 - M A Y- MOC]]⌋ ⌈[[✢L O G ➢ ⌈M A Y - 2 0 2 5⌉ ✢|2025 - M A Y - LOG]]⌋ #👾/Private ➤ ⌈[[💰 L035-IPO]]⌋ ➤ ⌈[[L-035-Listing]]⌋ ➤ ⌈[[💰 L035-VC vs PE]]⌋ ➤ ⌈[[💰 L035 - Intel Ventures Restructuring -Intel Capital Independence — Case Study Note]]⌋ ➤ ⌈[[💰 L035- IPO& SPAC]]⌋ ➤ ⌈[[💰 L035-SPAC]]⌋ ➤ ⌈[[💰 L035- Follow-On Rate]]⌋ --- ![[IMG_0186.jpeg]] ----- ## 📊 Venture Capital Lifecycle – Full Overview Early-stage financing refers to capital provided to young, typically unproven businesses during the initial stages of their development. It’s a key topic under **Alternative Investments / Private Equity** in the **CFA curriculum**. --- ### 🌱 1. Seed-Stage Financing - **Purpose:** Research, product development, prototype creation, market research - **Company Status:** Pre-revenue, early idea or concept - **Investors:** Angel investors, incubators, friends and family - **Capital Use:** Very early operations and proof-of-concept --- ### 🛠 2. Start-Up Stage Financing - **Purpose:** Product development and initial marketing - **Company Status:** Product or service is in development; may have limited revenues - **Investors:** Venture capital firms, angel investors - **Capital Use:** Setting up business operations, hiring key personnel --- ### 📈 3. First-Stage Financing (aka First-Round or Series A) - **Purpose:** Scaling production, expanding operations, entering new markets - **Company Status:** Business model partially validated, early revenues - **Investors:** Venture capital funds, institutional investors - **Capital Use:** Full-scale operations, customer acquisition, team growth --- ### 🚀 4. Second-Stage Financing (Series B and C) - **Purpose:** Expanding market reach, improving infrastructure - **Company Status:** Generating revenues but may not be profitable yet - **Investors:** VC firms, growth equity funds - **Capital Use:** Scaling operations, geographic expansion, larger team and customer base --- ### 💹 5. Mezzanine Financing / Bridge Round - **Purpose:** Preparing for IPO or acquisition; pre-exit capital - **Company Status:** Strong market presence, close to profitability - **Investors:** Late-stage VCs, PE firms, hedge funds - **Capital Use:** Final push for growth, working capital, acquisitions --- ### 🏁 6. Exit Stage (IPO, M&A, Secondary Sale) - **Purpose:** Liquidity event for early investors and founders - **Company Status:** Public offering readiness or strategic buyout - **Investors:** Public market investors, acquirers - **Capital Use:** Ongoing operations under new structure or public capital infusion