Funding Methods Quiz
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Questions and Answers

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?

  • 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?

  • 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
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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.

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