Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
Which funding option involves collecting money from a large number of people via online platforms?
Which funding option involves collecting money from a large number of people via online platforms?
- Customer Funding
- Incubator/Accelerator
- Bootstrapping
- Crowd Funding (correct)
What is the primary difference between accelerators and incubators?
What is the primary difference between accelerators and incubators?
- Accelerators focus on building business models, while incubators provide funding for existing companies
- Accelerators provide up-front funding, while incubators focus on building business models
- Accelerators focus on disruptive ideas, while incubators accelerate growth of existing companies (correct)
- Accelerators incubate disruptive ideas, while incubators accelerate growth of existing companies
What does bootstrapping involve?
What does bootstrapping involve?
- Accelerating the growth of an existing company
- Agreeing to provide the vendor with up-front funding
- Raising money from a large number of people via online platforms
- Using personal funds or operating revenue to finance a business (correct)
What is customer funding?
What is customer funding?
Signup and view all the answers
What is the goal of incubators?
What is the goal of incubators?
Signup and view all the answers
