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LSDefine

Simple English definitions for legal terms

development-stage company

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A quick definition of development-stage company:

A development-stage company is a type of business that is just starting out and is focused on creating a new product or service. They may not be making much money yet, but they are working hard to get their business up and running. Other types of companies include those that control other companies, those that invest in different assets, and those that provide insurance or other financial services. Some companies are owned by their customers, while others are owned by shareholders.

A more thorough explanation:

A development-stage company is a type of company that focuses on establishing a new business where the primary operations have not yet begun or are not generating significant revenue. These companies devote most of their efforts to developing their business.

For example, a startup that is still in the process of developing its product or service and has not yet started generating significant revenue is a development-stage company. Another example is a company that has started operations but is still in the early stages of growth and has not yet reached a stable revenue stream.

Development-stage companies are often riskier investments because they have not yet proven their business model or generated significant revenue. However, they also have the potential for high returns if they are successful in establishing their business.

developmental neglect | de ventre inspiciendo

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General

General chat about the legal profession.
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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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