In this chapter, we discussed a traditional fundraising roadmap for a startup. At its formation stage, seed money and angel funds are often tapped to support activities such as ideation, the creation of a company, and the development of a Minimal Viable Product (MVP). VC funds will usually invest in the startup to finance the work after an MVP is formed. PE funds will invest in a startup (company) that reaches its growth or later stage and will most likely have an established business model so that they can seek additional working capitals. IPO is the step for turning a privately held company into a public company by listing its equity securities at stock exchanges. Mezzanine capitals bridge funds before an IPO takes place.
We then discussed ICOs, which is a primarily crowdfunding-based fundraising method. ICOs became the default choice by many blockchain startups thanks...
