Question

The general rule for a new startup is to

a. avoid seeking investment for as long as possible
b. try to get as much funding as possible as soon as possible
c. to immediately line up one committed investor with deep pockets
d. seek many small investments from a wide range of people right away

Answer 1

A

Step-by-step explanation:

The general rule for a new startup is to avoid seeking investment for as long as possible

For a startup business there is every temptation to think you need every capital that you can find so , you think you need investors. Most times careful planning and starting on a small scale does the trick because finding investors or investment takes too much time and effort, and takes away control and ownership. It is best to be in control at least from the start.

Answer 2

a. avoid seeking investment for as long as possible

Step-by-step explanation:

A startup can be defined as a young or an emerging company started by one or more entrepreneurs having a core technological component and high growth potential in order to execute a unique idea or goods and services.

The general rule for a new startup is to avoid seeking investment for as long as possible.