1 Startup Basics & Ecosystem

What does the term "startup" typically refer to?

• A large, established company
• A small company with a high potential for growth
• A company that has been in business for more than 10 years
• A company focused only on local markets

Which of the following is a common feature of a startup ecosystem?

• Strong government regulations
• Access to venture capital and angel investors
• Stable and slow market growth
• High level of bureaucracy

Which stage of a startup’s lifecycle is characterized by finding a product-market fit?

• Seed Stage
• Growth Stage
• Early Stage
• Maturity Stage

In the startup ecosystem, which of the following best describes an "incubator"?

• A private investor who funds early-stage startups
• A program that helps startups by providing funding and mentorship
• A government program that regulates startups
• A physical office where all startups are required to operate

Which of the following is the main challenge during the "Product-Market Fit" phase of a startup?

• Building the initial product
• Scaling the business to new markets
• Ensuring the product meets the real needs of customers
• Managing a large team

Based on the image above, which part of the startup ecosystem is directly connected to funding early-stage ventures?

• Mentorship
• Investors
• Incubators
• Founders

You are the founder of a new tech startup, and you've just secured seed funding from an angel investor. What is your first priority in the next 6 months?

• Hiring a large team
• Scaling the business to international markets
• Validating the product in the market
• Creating a detailed financial plan for 3 years

If your startup is facing stiff competition and you’re struggling to differentiate your product, which strategy should you focus on?

• Offering the lowest price possible
• Creating partnerships with competitors
• Innovating your product based on customer feedback
• Increasing marketing budgets

Which of the following is an example of "bootstrapping" in the startup world?

• Securing venture capital from investors
• Using personal savings to fund the business
• Getting loans from the government
• Partnering with a large corporation for funding

Which of the following is most commonly cited as a challenge for new startup founders in the first year of business?

• Which of the following is most commonly cited as a challenge for new startup founders in the first year of business?
• Managing cash flow and securing funding
• Developing long-term partnerships
• Hiring a large team quickly