X-round financing refers to the behavior and process of raising funds for enterprises. The general order is angel investment, A round (1 round) financing, B round (2 rounds) financing and C round (3 rounds) financing.

X-round financing refers to the behavior and process of raising funds for enterprises. The general order is angel investment, A round (1 round) financing, B round (2 rounds) financing and C round (3 rounds) financing.

Financing is the behavior and process of raising funds for enterprises. The general order is: angel investment, round A (1) financing, round B (2) financing, and round C (3) financing.

Broadly speaking, financing is also called finance, that is, the financing of monetary funds and the behavior of the parties to raise or lend funds in the financial market in various ways. "New palgrave Dictionary of Economics" explains financing: financing refers to the monetary transaction means to pay for purchases that exceed cash, or the monetary means to raise funds for the acquisition of assets.

Generally speaking, according to the cycle of enterprise growth: angel investment: seed stage, there may be only one concept that has not started anything, or has just started operation, and has not yet produced products, or has not produced products on a large scale. Water at this time, the seeds will grow, and you are an angel. Seeds will grow up, and there are still many risks in the process of growth, which need more care.

So there is the name of venture capital, and after the A round is the B round. If you like, you can also have wheels C, D, E, F and G. Of course, the names A, B, C, D and E are just common names. Or the first round, the second round, the third round.

At the end of the road to listing, there are still people who want a ride, called mezzanine capital, mezzanine investment and Pre-IPO capital; After listing, you can also raise funds to privatize the company, which is called purchasing capital and so on.

The different names of these different stages are just conventions. Because the time is not very long, there is not so much consensus. Some names have multiple meanings. Of course, it is not difficult for us to understand their essence.

There are buying and buyout in CPA: buying refers to the acquisition of the company by external forces. Buy-out said that the internal management bought the company, so it called manager buy-out, the so-called MBO also. However, this is not exactly the same as the above-mentioned acquisition of capital.

The management may ask for help from some funds, which may be special acquisition funds, may not be, or may be, but it is not called buying funds by itself.