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InvestHub.com's
Finance Dictionary and Glossary of Investment Terms

Mezzanine level  

Definition 1.

The period in a company's development just before it goes public.
 

Definition 2.

Venture capital term used to describe a company which is somewhere between startup and IPO. Venture capital committed at this level usually has less risk but less potential appreciation than at the startup level, and more risk but more potential appreciation than in an IPO.
 
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