Startup Lifecycle
Overview
Your go-to learning space for practical, easy-to-follow resources that help founders build, grow, and scale their startups.
The journey of a startup is not a linear path but a series of distinct stages. At PacTech, we focus on founders in the first five stages:
Idea/Concept Stage
Seed/Validation Stage
Early/Growth Stage
Expansion/Scaling Stage
Maturity/Exit Stage
This is the ideation phase where founders identify a problem, brainstorm solutions, and validate the concept through market research, surveys, or prototypes. Focus on feasibility and initial team formation.
Build an MVP to test assumptions with early users. Secure initial funding (e.g., from friends, family, or bootstrapping). Key metrics: User feedback and early traction.
Launch the product, acquire initial customers, and scale operations. This often involves Series A funding for team expansion, marketing, and product refinement. Emphasize product-market fit
Rapid growth with Series B/C funding. Enter new markets, optimize processes, and build infrastructure. Challenges include maintaining culture and managing cash flow.
Achieve profitability or market dominance. Options include IPO (Initial Public Offering) for public trading, acquisition by a larger company, or merger. Some startups remain private indefinitely.