A method of raising capital that taps the power of social networking and allows entrepreneurs to post their elevator pitches and proposed investment terms on specialized Web sites and raise money from ordinary people who invest as little as $100 is called ________.
A)crowd funding
B)angel financing
C)venture capital
D)bootstrapping

Question

Quizplus · Accepted Answer

This method is specifically known as crowd funding, where a large number of individuals come together to invest small amounts towards a specific project or business idea. Angel financing refers to investment made by high-net-worth individuals, venture capital is funding provided by a group of investors for startups or early-stage companies, and bootstrapping refers to building a business with minimal outside investment.

A Method of Raising Capital That Taps the Power of Social