Answer:

In this era of entrepreneurship, especially in the Internet field, various startups are born every day, and companies raise tens of millions every day. Here is a detailed introduction to the companies Financing process:

1. Angel round: The company was founded by a serial entrepreneur and received angel investment at the beginning. During the angel round, the project may have taken shape, and the APP project is only in the demo stage.

2. Round A: One year later, the company will receive Series A. At this time, the company’s MAU (monthly active users) will reach 500,000, ARPU (single user contribution) will be 0 yuan, and revenue will be 0 yuan. At this time, the company's products have been relatively polished, have been operating normally for a period of time, and have a complete and detailed business and profit model. It has a certain status and reputation in the industry, but it may still be losing money.

3. Round A: After the round A, the number of users of the company developed rapidly. Half a year later, the company obtained the round A. At this time, the company's MAU reached 5 million people and ARPU was 1 yuan. The company began to have a certain amount of income (5 million yuan) because it began to monetize a small amount of traffic through advertising.

4. Round B: One year later, the company received Series B again. At this time, the company's MAU has reached 15 million, ARPU is 5 yuan, and the company's revenue has reached 75 million yuan. ARPU continues to increase because the company has found effective monetization methods in advertising, games, etc. At this time, the company is relatively mature and has a relatively clear business model, but its profitability is still relatively weak.

5. Round C: One year later, the company received Series C financing. At this time, the company’s MAU was 30 million people and ARPU was 10 yuan. The company has been monetizing in various ways such as advertising, games, e-commerce, and memberships. More flowers. The company's revenue at this time has reached 300 million yuan, and the company has begun to make profits. Assuming a net profit margin of 20, it is 60 million yuan.

IPO listing: From now on, the company will maintain a steady growth of 30-50% in revenue and profit every year, and will be listed one year after the C round.

This is a typical financing process of an excellent Internet company. It was founded by a serial entrepreneur. It received investment from famous VCs in every round and went public about five years after its establishment.

Extended information:

In a narrow sense, financing is the behavior and process of raising funds for an enterprise. That is to say, the company based on its own production and operation conditions and the status of its funds, As well as the company's future operating and development needs, through scientific predictions and decisions, using certain methods and channels to raise funds from the company's investors and creditors, and organize the supply of funds to ensure the company's normal production needs, operation and management activities Required financial management behaviors. The company's motivation for raising funds should follow certain principles and proceed through certain channels and methods. We usually say that companies raise funds for three main purposes: the company wants to expand, the company wants to pay off debts, and the mixed motivation (the motivation for expansion and debt repayment are mixed together).

In a broad sense, financing is also called finance, which is the financing of monetary funds. The parties involved raise or lend funds in the financial market through various methods. Judging from the current situation of modern economic development, enterprises need to have a deeper and more comprehensive understanding of financial knowledge, financial institutions, and financial markets than ever before, because the development of enterprises cannot be separated from the support of finance, and enterprises must deal with it. When Comrade Deng Xiaoping inspected Shanghai in 1991, he pointed out: "Finance is very important and is the core of the modern economy. If finance is done well, one move can make everything work." This shows that high-level government officials are gradually paying attention to finance.

Reference material: Series X financing - Encyclopedia