Let's delve into the diverse economic states:
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Pre-Revenue: At this stage, the startup is in its early days and has not yet generated any significant revenue. It’s focused on product development, market validation, and building a customer base. Funding typically comes from founders, friends and family, or early-stage investors.
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Post-Revenue: Once the startup starts generating revenue from its products or services, it enters the post-revenue phase. This milestone indicates that the business model is working, and customers are paying for what the startup offers. Post-revenue startups continue to refine their operations, scale, and seek additional funding if needed.
Remember that each stage has its challenges and opportunities. Startups evolve over time, adapting to market dynamics and aiming for sustainable growth. 🌟
