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Focus: Idea validation and testing, market research, and developing a minimum viable product (MVP). Refining the product-market fit, acquiring early customers, and demonstrating traction.
Key activities: Market research, customer development, prototype development, building a team. Product development, sales, and marketing, building a customer base, securing initial funding.
Funding sources: Bootstrapping, friends and family, angel investors. VC.
Focus: Rapidly scaling the business, expanding the team, and building a sustainable competitive advantage. Accelerating growth, entering new markets, and achieving profitability.
Key activities: Building a dedicated team, scaling operations, expanding marketing and sales efforts, acquiring new customers. Expanding product portfolio, entering new markets, building brand awareness, optimizing operations for efficiency.
Funding sources: Venture capitalists, private equity firms, debt financing.
Focus: Maintaining market leadership, exploring new opportunities, and evaluating exit options.
Key activities: Optimizing profitability, driving shareholder value, exploring acquisitions or mergers, preparing for potential exit through IPO or acquisition.
Funding sources: Private equity firms, debt financing, IPO.
A small river named Duden flows by their place and supplies it with the necessary regelialia. It is a paradise
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