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What is the main difference between accelerators and incubators?
What is the main difference between accelerators and incubators?
- Accelerators primarily offer mentoring, while incubators primarily offer networking opportunities.
- Accelerators focus on accelerating growth of existing companies, while incubators focus on developing disruptive ideas into business models. (correct)
- Accelerators provide funding for startups, while incubators provide funding for established companies.
- Accelerators focus on long-term business development, while incubators focus on short-term growth strategies.
What is customer funding?
What is customer funding?
- A type of funding exclusively available to businesses with a large customer base.
- A business arrangement where the customer provides upfront funding to the vendor before product or service delivery. (correct)
- A financial model where customers invest in the company's stock in exchange for discounts on future purchases.
- Funding provided by customers to help a business cover its operating expenses.
What is the primary characteristic of crowd funding?
What is the primary characteristic of crowd funding?
- Seeking funding from a single wealthy investor to kickstart a business venture.
- Gathering funds from a small group of investors to expand an existing business.
- Raising money from a large number of people through online platforms to finance projects and businesses. (correct)
- Obtaining funding from a government agency to support innovative projects.
What does bootstrapping in the context of business refer to?
What does bootstrapping in the context of business refer to?
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How does bootstrapping differ from venture money in terms of business outcomes?
How does bootstrapping differ from venture money in terms of business outcomes?
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