Startup Knowledge Quiz

What does MVP stand for in startups?

• Minimum Viable Product

• Most Valuable Plan

• Market Value Proposition

• Major Venture Project

What is a unicorn company?

• A company with a billion-dollar valuation

• A startup with magical branding

• A company with only one founder

• A startup in the gaming industry

What is the first stage of funding for most startups?

• Seed Funding

• Series A

• Series B

• IPO

What does ROI stand for?

• Return on Investment

• Rate of Interest

• Revenue on Income

• Resource Optimization Index

Tags

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What is a “freemium” model?

• Free basic service, paid premium features

• Free service forever

• Premium-only business model

• Free advertising

Which is usually cheaper for a startup?

• Retaining an existing customer

• Acquiring a new customer

• Launching a new product

• Expanding globally

Which company started as a DVD rental-by-mail service?

• Netflix

• Hulu

• Amazon Prime

• Disney+

Who co-founded Apple with Steve Jobs?

• Steve Wozniak

• Bill Gates

• Jeff Bezos

• Elon Musk

Which company created the phrase “Don’t be evil”?

• Google

• Microsoft

• Facebook

• Amazon

What is the slang term for a startup that fails after big funding?

• A "zombie"

• A "flop"

• A "burnout"

• A "dead unicorn"