What are the different types of mergers? Explain. (500 words)

Intro (50 words)
- Briefly describe what venture capital means and the venture capitalist who finances the startups and the development of those that are in their early stage.

Stages (400 words)
- Seed funding stage
- Proving the concept and business plan in early stage financing, which is sometimes the only choice for innovation.
- Investors fall into the category of angel investors, friends, and family including themselves.
- Startup stage
- Provision of seed capital for the start-up, research, and production along with promoting the product.
- The first round of fundraising is called Series A, while the series B round follows.
- VCs provide capital and business knowledge, and in return, they get control in equity.
- Expansion stage
- The phase of Extreme growth where the business is to be scaled.
- This involves a necessity of more capital to get production increased, marketing etc.
- VC funding in growth stage as the solution to IPO (Initial Public Offering)
- Exit stage
- VCs' exit routes are mainly IPO, acquirement, or buyout.
- Objective is to earn a high profit.
- Typically, a vast majority of ventures aim for 3 to 7 years of continuance.

Conclusion (50 words)
- Explain the venture capital (VC) typical stages of financing it invests in and the exit options by which it usually liquidates its investments.