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For Cutting Edge, said Mr. Moross, growth now means raising a second round of capital, and finding what seems plentiful: producers who need it.
That Web site is now in operation, and Mr. Dobbs said it just raised $50 million in a second round of capital financing.
"Investors said, 'Let's just sell the equity and debt, and come back later.' " With credit markets still paralyzed and banks' shares still swooning, Mr. Johnson said the government would probably have to do a second round of capital injections.
We had a second round of capital, then a third in March totaling $46 million.
And then we raised a second round of capital 15 months later and were still confronted with that sentiment from many investors".
Keep in mind that for startups raising their first round of capital (seed/series A financing) the failure rate is at least 90%, while for more mature and developed startups raising a second round of capital (series B financing) the failure rate drops to a 50%.
Similar(52)
The alternative payment technology provider raised its fourth round of capital from an investment group led by New York-based hedge fund Kingdon Capital.
That was an interesting dynamic in terms of raising our first round of capital.
Most famously, in 1984, two young entrepreneurs raised a first round of capital for their fledgling ice cream company in an intrastate offering.
"The important thing is to get the first round of capital projects for the hub identified and when the time comes, to get the towns and villages to deal with the zoning issues," he said.
(Correction: it was their first round of capital; they didn't raise it from First Round).
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