Early-Stage

Term Main definition
Early-Stage

The stage of development of a company after the formation and the seed stage and before it has customers and is generating revenues. Once a company achieves some established customers, positive cash flows, or profits, the early-stage label no longer applies.  An early-stage company is judged according to whether it has in place a core (but not complete) management team, a developed business plan and proven concept or product (perhaps with initial customers and beginning to make sales).  Some companies remain early-stage companies for a number of years, and some companies are never early-stage companies.