Bootstrapping & MVP
Development questions and
answers
Which of the following statements about
entrepreneurial financing is not true? - answer
Bootstrapping should be considered a last resort.
Which of the following entities is the least likely to
provide debt financing to an entrepreneur? -
answer Family Member WRONG
Wealthy Friend WRONG
Venture Capitalist??
Using which of the following financial resources to
fund your early-stage startup would be considered
the least consistent with the primary principles of
bootstrapping? - answer Lines of Credit
Which of the following would not be considered
valid compensation for sweat equity undertaken on
behalf of a startup? - answer Shares WRONG
Goodwill WRONG
Cash??
Development questions and
answers
Which of the following statements about
entrepreneurial financing is not true? - answer
Bootstrapping should be considered a last resort.
Which of the following entities is the least likely to
provide debt financing to an entrepreneur? -
answer Family Member WRONG
Wealthy Friend WRONG
Venture Capitalist??
Using which of the following financial resources to
fund your early-stage startup would be considered
the least consistent with the primary principles of
bootstrapping? - answer Lines of Credit
Which of the following would not be considered
valid compensation for sweat equity undertaken on
behalf of a startup? - answer Shares WRONG
Goodwill WRONG
Cash??
