series-a-funding

Vocabulary Word

Definition
'Series A funding' is the first big investment round for start-ups after proof of their business model. Think of it like a bigger, official version of friends-and-family investment.
Examples in Different Contexts
Within the startup ecosystem, Series A funding is critical for startups to expand their team and operations. A startup advisor might advise, 'Focus on demonstrating strong market fit and potential for scalability to attract Series A funding.'
Practice Scenarios
Business

Scenario:

Our start-up has shown substantial growth over the past year with a strong user base. This might be a fantastic time for us to think about additional investment.

Response:

I agree. We've shown the potential to be a market leader. Perhaps it's time to start preparing for Series A funding.

Tech

Scenario:

Considering the remarkable audience response to our app, we can expand into new markets. A more considerable investment might be necessary for this.

Response:

That sounds like a great idea. With a successful Series A funding, we could speed up the development and take our product to more users.

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