Which stage of the funding life cycle would be most closely associated with funding amounts below $50,000?

1)

Series A

2)

Series C

3)

Series B

4)

Seed

Based on funding stages, a typical company breaks even how soon? (US Average)

1)	810 years.

2)	Approximately 30 months.

3)	Less than 30 days.

4)

6 months.

Based on our discussion on funding stages, how common is it for a company to lose money during the early stages of its life cycle?

1)	Fairly common.

2)	It happens less than 1% of the time.

3)	It never happens.

4)	It happens every single time no exceptions.

According to the NFIB (from a prior class discussion), what percentage of all companies launched in the USA were started with less than $500 (US)?

1)

100%

2)

50%

3)

25%

4)

75%

Which of the following is NOT a tactic commonly employed by bootstrappers?

1)	Hiring student interns (for free).

2)	Leasing used equipment.

3)	Everyone in the company specializesno overlapping of roles.

4)	Sharing office space.

Which of the following characteristics tends to be commonly associated with bootstrapping?

1)	Managing cash very carefully.

2)	Seeking large bulk purchases and long-term contracts.

3)	Insisting on a consistent paycheck, regardless of conditions.

4)	Aggressive spender.

Using Kickstarter, Robert raises $10,000 to launch a new product line for his kitchen supplies business. The only thing Robert offers the contributors is a free apron for every $50 donation. He offers a set of kitchen knives for a $1,000 donation. This is an example of which crowdfunding model?

1)	Donation-Reward Model

2)	Lending-Based Model

3)	Donation-Equity Model

4)	Equity-Based Model

Kickstarter, Indiegogo, and Seedrs are examples of ________________.

1)	charitable foundations

2)	crowdfunding platforms

3)	private equity groups

4)	venture capital organizations

Depending on the crowdfunding platform, a project that fails to meet its fundraising goal ________

1)	is automatically banned from future participation on the platform.

2)	may not receive any of the funding.

3)	will always receive partial funding, regardless of platform.

4)	becomes the subject of a class-action lawsuit.

_______ allows for private placements without SEC regulation.

1)	Sarbanes-Oxley

2)	Regulation D

3)

ERISA

4)	Mann-Whitney U