What is a startup.pdf

What is a startup? A) A large, established company with stable revenue B) A newly established business, typically in the tech industry, that aims to grow quickly C) A government-run organization focusing on innovation D) A non-profit organization Answer: B Which...

What is a startup? A) A large, established company with stable revenue B) A newly established business, typically in the tech industry, that aims to grow quickly C) A government-run organization focusing on innovation D) A non-profit organization Answer: B Which of the following is NOT a typical source of funding for startups? A) Venture Capital B) Bank Loans C) Personal Savings D) Government Bailouts Answer: D What is a Minimum Viable Product (MVP)? A) The final version of a product with all features B) A prototype with only the most essential features to satisfy early customers C) A marketing strategy to attract investors D) A type of patent protection for startups Answer: B Which of the following is a common reason why startups fail? A) Lack of competition B) Too much funding C) Poor market fit D) Excessive profitability Answer: C What does 'bootstrapping' mean in the context of startups? A) Relying solely on personal savings and revenue for funding B) Seeking external funding from multiple investors C) Partnering with large corporations for financial support D) Focusing on marketing rather than product development Answer: A