You hear a lot in the media about _ raised a stage A round of x million, or ___ just got seed funding from a group of angel investors.
But what's never explained is the stage that these companies / products are in at the time. For a seed stage are they just a business plan and a power point (sorry if that's awfully naive).
Could some one explain the different stages of funding, were the company is at in its life / development cycle, ie. 20,000 users pre revenue. and also if possible the sort of stake that's usually given away (as general as possible, I know that's kinda like how longs a price of string)
The stages for clarification (please add to them as necessary)
Ok, here is my take and there might be others. At the start it's a little fuzzy still but later rounds get more solid. There are also differences on which coast your on within the US.
I could explain each one but from that point on there really isn't a need. Getting over "seed" and series A are the hard parts.