|
Stage (funding) |
Business activity |
Suitable workspace |
| Pre-seed (Bootstrapped, self-financed, or funds borrowed from friends and family) |
Founder(s) working together. Basic requirements: Laptops, internet connection |
Home, self-owned space, seats in friends’ or relatives’ office |
| Seed stage (incubators, bank or government loans, angel investors, or crowdfunding) |
Few employees work towards establishing proof of concept. Basic requirements: Desks, laptops, internet connection |
Co-working |
| Venture capital (Series A) |
Formal launch of a product/ service. Basic requirements: Desks, reception area, laptops, internet connection |
Co-working, flex space, or a leased office |
| Venture capital (Series B, C, etc.) |
Focus is on growth, scaling the business and establishing offices at multiple locations |
Leased offices or managed offices for headquarters. Could need regional offices in other cities |
| Exit stage (M&A or IPO) |
The business is mature but still growing. The focus is on efficiency and synergies and being close to customers’ location |
Headquarters with multiple floors in a building or a company campus. Bigger regional offices |
