--- capital is needed for product development and initial marketing.
(a) seed capital
(d) None of these.
(b) Startup capital
(c) first round financing
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Answer:
none of the above........
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"(b) Startup capital"
Explanation:
Startup capital is the cash raised by a business person to guarantee the expenses of an endeavor until it starts to make money. Financial speculators, private backers, and conventional banks are among the wellsprings of startup capital.
Financial speculators, private backers, and customary banks are among the wellsprings of startup capital. Numerous business visionaries lean toward funding since its financial backers don't anticipate being reimbursed until and except if the organization becomes beneficial.
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