Question
Guys you know that I heard from a friend that we can raise all the funds we need, online. It can be as easy as
Guys you know that I heard from a friend that we can raise all the funds we need, online. It can be as easy as using social media, said Malak excitedly.
No way! replied Ahmad, well through social media we can reach tons of people but that still doesnt make sense, wouldnt we have to give them something in return or better yet wont we have to make them owners with us in our company to be?
I dont know about that, let me call my friend to clarify that, said Malak.
Malak called her friend Ramy and he explained everything to her.
Okay guys, Ramy explained that there are different types and what we give in return differs according to the type.
(QUESTION 3) What funding source are they talking about, and what are the different types? Provide an explanation of each type.
QUESTION 4) As Malak and Fareeda explained above, there is a lot that they are lacking in order to start their business, they do not just lack funds. Keeping this in mind, explain why this funding source is not very beneficial in their case (2 marks).
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