Early-Stage
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Term
Main definition
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The stage of development of a company after the formation and the seed stage and before it has customers and is generating revenues. Once a company achieves some established customers, positive cash flows, or profits, the early-stage label no longer applies. An early-stage company is judged according to whether it has in place a core (but not complete) management team, a developed business plan and proven concept or product (perhaps with initial customers and beginning to make sales). Some companies remain early-stage companies for a number of years, and some companies are never early-stage companies.
