Securing the needed capital is crucial to a company's growth, sometimes even survival. Discuss the possible funding sources for a company through its life cycle (e.g. start-up, fast-growth stage, mature stage, declining/financial distress), describe the main characteristics (e.g. risk-return profile to the investors, advantages/disadvantages to the firm etc.) of each source, and explain how the need for funds and liquidity determines firm structure / organizational form.