5 Questions
What is the main difference between accelerators and incubators?
Accelerators focus on accelerating growth of existing companies, while incubators focus on developing disruptive ideas into business models.
What is customer funding?
A business arrangement where the customer provides upfront funding to the vendor before product or service delivery.
What is the primary characteristic of crowd funding?
Raising money from a large number of people through online platforms to finance projects and businesses.
What does bootstrapping in the context of business refer to?
Building a business without external funding, relying on personal finances or operating revenues.
How does bootstrapping differ from venture money in terms of business outcomes?
Bootstrapping leads to a different kind of business compared to the one resulting from venture money.
Test your knowledge of funding strategy with this quiz! Explore the importance of funding, types of funding, creating a funding plan, and assessing company valuation. Perfect for entrepreneurs and startup enthusiasts looking to refine their funding approach.
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