________ financing is one of the early stages of financing in venture capital.

A. Mezzanine
B. Asset-backed
C. Turnaround
D. Bridge
E. Seed.

Correct Answer: E

There are three early stages of financing:

1. Angel investing. This is capital (typically less than $50,000) that is provided at the "idea" stage, which goes for product development and market research.
2. Seed-stage financing. The capital supports product development and marketing efforts.
3. Early-stage financing. This capital is used to initiate commercial production and sales.