Securities
Mar. 17, 2001
Bear Facts
Nearly all venture investing is done in stages, or rounds. Typically, the initial round of financing, usually a convertible preferred stock, is designed to finance the enterprise until it completes product development or until it has achieved some other performance milestone.




Nearly all venture investing is done in stages, or rounds. Typically, the initial round of financing, usually a convertible preferred stock, is designed to finance the enterprise until it completes product development or until it has achieved some other performance milestone. A convertible preferr...
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