FTX Series C Fundraise: ftx series c I think the best way to get rich is to start a real estate business in a cheap market. You can purchase a run down property, fix it up and sell it for a profit. I have done this personally and believe me it works. I get a lot of people commenting to me all the time about how I got rich so fast. They don’t realize I’m using a method that is over one hundred years old and it works no matter how the economy is doing.
First of all, congratulations on being selected for the series C round, which is great news. In general, the series C round is when a company has proven that their model can work and they are ready to go to the next level by expanding the company and the market, while raising follow on funding to do so. So, the goal of the series C round is to raise a significant amount of funding to grow the company, to prove that there is a market for the business, and to prove that the business model works.
It is also to prove that the company has “legs” and that they can take this company to the next level. If a business is going to make it to the B round and beyond, they have to prove that there is a market for the product and service and that the model works. It is about proving that the company can be self-sustaining and that the company has legs.
Yes, you can expect the stock to continue to go up over the next 3-6 months. The stock has been steadily climbing since the beginning of the year and is currently trading at 130% of its 52-week high. We are expecting at least one more big pump before the end of January. That will give us an 850% return on our investment!
Once a company raise capital through Series A or Series B, they need to raise Series C. Series C means they are doing an initial public offering (IPO) and Series C is their initial money they need to built the company. Series C doesn’t necessary mean that it is their last raise, it could be raised from Series D, Series E and/or Series F.