Describe the expansion stage in the VC financing?

Business & Management
#1

By this point, growth is frequently exponential. As a result, VC capital adds gasoline to the fire, allowing for development into other markets e.g., other cities or countries, as well as product variety and distinctiveness. A startup at this level should be generating enough income, if not profit, with a commercially viable product. Many expansion-funding recipients have been in business for two to three years.