Stages for startup funding after you build an MVP in lean
The first stage in the seed round- after we build a Minimum product, gathering audience and getting capital from family and friends.
- After a successful first stage, there will be a series of funding where you present your product to investors and get funding from angel investors or VC’s to expand the business.
- Rounds Overview-
Pre-seed →Series A →Series B →Series C
For more details on funding, see the above link.
Startup terms:
#founder- Who creates and Builds an Idea(owner of a startup,in other terms)
#pitch- Presenting product to an investor in a short amount of time
#angel investor - a pre-stage investor who help us to build and fund our startup
#exit strategy- Plan for the exit in future like merge or acquire, etc
#incubator- mentorship from other institution
#valuation- determining companies worth
#VC’s - seed-stage investors
#Unicorn - companies that exceed a billion dollar valuation
#MVP- to test an Idea before building an actual product
#SaaS- Software as a service business model
#Pass- platform as a service business model