For start-ups in an industry based on increasing returns, bootstrapping is a very effective way of raising the required funds.

Name: For start-ups in an industry based on increasing returns, bootstrapping is a very effective way of raising the required funds.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Bootstrapping involves using personal savings or revenue to fund a business, which may not be sufficient in industries with increasing returns that often require significant upfront investment to achieve scale and competitiveness.

For Start-Ups in an Industry Based on Increasing Returns, Bootstrapping