A Daily Drill-Down into One Buzzing Issue.
Startups complete a number of fundraising rounds.
Investors invest money into a startup in exchange for equity
Early investments are called seed funding
Seed is followed by various rounds, known as Series A, B, and C.
A new valuation is done at the time of each funding round.
Valuations are determined by various factors, including market size, company potential, current revenues, and management.