At which funding round does the business appear to have a good product but it is not generating sufficient income?

A) start-up capital
B) development capital
C) expansion capital
D) exit

Question

At which funding round does the business appear to have a good product but it is not generating sufficient income?

A) start-up capital
B) development capital
C) expansion capital
D) exit

Quizplus · Accepted Answer

At the development capital stage,investors must be prepared to be patient.The planned exit strategy is typically through a public float on the stock exchange.The development round can be frustrating,as the business may appear to have a viable product,but it is not generating sufficient cash.

At Which Funding Round Does the Business Appear to Have