Funding Chain: "The IPO is now in sight and the C-round is used to 'fatten the pig' as much as possible in addition to preparing the company for it. Often this preparation includes replacing management with C-level officers who are known to and respected by Wall Street.
-Venture Capital B-Round
Wall Street is starting to take notice of the company. Therefore, the VCs inject additional capital into it in order to maximize its forward momentum."
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