What is the meaning of Early stage?

Early stage is the state of a company after the seed (formation) stage but before middle stage (generating revenues). Typically, a company in early stage will have a core management team and a proven concept or product, but no positive cash flow.

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APABarry Goldsmith. (2010). early stage. Retrieved September 20, 2026, from http://smartdefine.org/early_stage/definitions/1152589
ChicagoBarry Goldsmith. 2010. "early stage" http://smartdefine.org/early_stage/definitions/1152589 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, early stage, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/early_stage/definitions/1152589>.
MLABarry Goldsmith. "early stage" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/early_stage/definitions/1152589>