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Herbert Gained Most of the Capital for His New Start-Up

Question 54

Multiple Choice

Herbert gained most of the capital for his new start-up project by posting a small demonstration of his product on a website that he created especially for the project. Many people showed genuine interest in his product and donated money to help him launch it. In the given scenario, Herbert:


A) received money for his venture through crowdfunding.
B) received money for his venture from angel investors.
C) was able to fund his project through venture capital.
D) was able to fund his project through seed money.

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