https://en.wikipedia.org/wiki/Venture_capital_financing
To start a new startup company or to bring a new product to the market, the venture needs to attract funding. There are several categories of financing possibilities. Smaller ventures sometimes rely on family funding, loans from friends, personal bank loans or crowd funding.
There are five common stages of venture capital financing:[citation needed]
second stage
third stage
bridge or re-initial public offering (IPO) stage