When is a startup usually in its seed round?
AVery early, when the product is a prototype
BAfter the company has listed its shares
CWhen the firm is bought by a rival
DWhen all bank loans have been repaid
Answer & Solution
Correct answer: A. Very early, when the product is a prototype
The seed round usually happens in the very early phase, when the product is still a prototype and there is little performance data.
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