Which of the Following Statements Is NOT True

Which of the following statements is NOT true?

A) The process by which many entrepreneurs raise seed money and obtain other resources necessary to start their businesses is often called bootstrapping.
B) Most businesses are started by an entrepreneur who has a vision for a new business or product and a passionate belief in the concept's viability.
C) The initial "seed" money usually comes from the entrepreneur or other founders.
D) The seed money is spent on developing an initial public offering.