Answered

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Second-round financing typically happens when the firm is in the:

A. Second phase of evolution
B. Mature phase
C. Early stage
D. Growth stage

Sagot :

GinnyAnswer

Final answer:

Second round financing in the growth stage of a firm is vital for its expansion after securing initial funding from early-stage investors like angel investors and venture capitalists.


Explanation:

Second round financing typically occurs in the Growth stage of a firm when it has shown promise after securing initial funding. Early-stage financial capital is crucial for firms that are just starting out without significant profits, raising funding from sources like angel investors and venture capitalists.


Learn more about Financial Capital and Funding Stages here:

https://brainly.com/question/41122643


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