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Questions and Answers
What is crowdfunding?
What is crowdfunding?
- Applying for non-repayable funds from government agencies, non-profit organizations, or corporations
- Raising funds from a large number of people through online platforms (correct)
- Self-funding through personal savings, credit cards, or loans from friends and family
- Investment from wealthy individuals in exchange for equity
What is bootstrapping?
What is bootstrapping?
- Obtaining funding from banks or other financial institutions through loans
- Raising funds from a large number of people through online platforms
- Self-funding through personal savings, credit cards, or loans from friends and family (correct)
- Investment from wealthy individuals in exchange for equity
What is venture capital?
What is venture capital?
- Investment from wealthy individuals in exchange for equity
- Attracting investment from venture capital firms that invest large sums of money into startups (correct)
- Self-funding through personal savings, credit cards, or loans from friends and family
- Raising funds from a large number of people through online platforms
Study Notes
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Description
Test your knowledge on different methods of funding ventures like crowdfunding, bootstrapping, and venture capital. Learn about the various approaches used by entrepreneurs to raise capital for their businesses.
