Crowdfunding offers financial resources by pooling small investments from a large number of investors. Crowdfunding has emerged as a viable channel in recent years due to the availability of the internet platform.

1. True
2. False

Airbnb, Uber, and Netflix are examples of entrepreneurial initiatives that brought new solutions to old problems and shook up existing industries. Which of the following entry strategy have these used?

1. Combination new entry
2. Pioneering new entry
3. Adaptive new entry
4. Imitative new entry