Categories: Product Development
The first major round of business financing by private equity investors or venture capitalists. In private equity investing, an “A” round, or Series A financing, is usually in the form of convertible preferred stock. An “A” round by external investors generally takes place after the founders have used their seed money to provide a “proof of concept” demonstrating that their business concept is a viable – and eventually profitable – one. (Source Investopedia)
Definition of "A Round" by Chat GPT: "A Round" typically refers to a session of drinks (usually alcoholic) shared among a group of people, where each person in the group takes turns buying a drink for everyone. This practice is common in social settings like bars, pubs, and parties.
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