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

Displaying advertising

1.

Direct monetization

2.

Freemium Model

3.

Advertising

4.

No Direct Monetization

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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