Question: Question 1 (2 points) Match the option for app monetization to its general definition Question 1 options: App is purchased by the user or paid
Question 1 (2 points)
Match the option for app monetization to its general definition
Question 1 options:
| |
| App is purchased by the user or paid by recurring fee |
| Pay for upgrades or additional features |
| Not a profit source, but may increase business revenue |
|
|
Question 2 (2 points)
A pitch deck is a presentation that entrepreneurs put together when seeking a round of financing from investors.
Question 2 options:
| True | |
| False |
Question 3 (2 points)
Having an app is not the same as having a business.
Question 3 options:
| True | |
| False |
Question 4 (2 points)
Which of the following are investment opportunities:
Question 4 options:
|
| Angel Investors |
|
| Startup Accelerators |
|
| Venture Capitalists |
|
| Incubators |
|
| Crowdfunding |
Question 5 (2 points)
Investors will want to know what it will take to execute your app idea.
Question 5 options:
| True | |
| False |
Question 6 (2 points)
Which of the following are parts of the formula recommended for startups pitching an idea?
Question 6 options:
|
| Competition |
|
| Solution |
|
| Investors |
|
| Business Model |
|
| Company Purpose |
|
| Problem |
|
| Market Potential |
|
| Why Now? |
Question 7 (2 points)
Which of the following are ways to get access to investors?
Question 7 options:
|
| Portfolio companies |
|
| Peers |
|
| Entrepreneurs |
|
| Recruiters |
Question 8 (2 points)
Based on research investors spend the most time reviewing financials, team, and competition slides.
Question 8 options:
| True | |
| False |
Question 9 (2 points)
Marketable apps should fill a niche, potentially be monetized, have a prototype, and appealing to investors.
Question 9 options:
| True | |
| False |
Question 10 (2 points)
Which of the following are the three keys to powerful pitch decks?
Question 10 options:
|
| Easy to act on |
|
| Cheap to build |
|
| Clear and simple |
|
| Compelling |
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