Article: Securing Second- And Third-Round Venture Capital Financing
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Securing Second- And Third-Round Venture Capital Financing
Widget sales are booming ? the competition is scrambling, demand is up, and the books are finally treading water. Your core management team has big ideas for the future of Widget Inc. Opportunity is abundant; but how will you fund that next big leap?
As your start-up matures, obtaining second- or even third-round funding may allow your business to expand and grow into new opportunities identified after your business was established. If your product or service has proven itself in the marketplace, you may be a candidate for an additional round of funding.
Some possible uses of post start-up funding include:
* Penetration of new markets, either by industry or geographic location
* Development of new products or services that compliment your...
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