Question 1

Which one of these is NOT an example of a start-up?

Accepted Answer

McDonald's

Answer

Uber

Answer

Deliveroo

Answer

Airbnb

Question 2

In start-up terms, what is a UNICORN?

Accepted Answer

A company that is worth over $1 billion

Answer

A company that makes no money

Answer

A company that has a unique product no one else has

Answer

A company that doesn't yet exist but will in the future

Question 3

What does FINTECH stand for?

Accepted Answer

Financial Technology

Answer

Fine Technology

Answer

Final Technology

Answer

Finite Technology

Question 4

People who work in a start-up are often given EQUITY. What is equity?

Accepted Answer

Ownership of a business through stocks

Answer

Equal pay for everyone

Answer

A bonus at the end of the year

Answer

Discounts on the product

Question 5

Which one of these is NOT a characteristic of most start-ups?

Accepted Answer

Predictable revenue

Answer

Limited resources

Answer

Uncertainty

Answer

Smaller teams

Question 6

There is a type of investor known as an ANGEL INVESTOR. What are ANGEL INVESTORS?

Accepted Answer

Investors who invest in a start-up very early on

Answer

Investors who are very young

Answer

Investors who save the company at the last minute

Answer

Investors who provide the most amount of money

Question 7

What does 'A. I.' stand for?

Accepted Answer

Artificial Intelligence

Answer

Advanced Innovation

Answer

Absolute Identity

Answer

Accurate Information

Question 8

Crowdfunding is a new way of raising money on the internet. What is crowdfunding?

Accepted Answer

Many people contributing money to raise a big sum

Answer

Going viral on social media using advertising

Answer

Investors giving money to groups of people

Answer

Paying a group of people to raise investment

Question 9

Start-ups are heavily reliant on VCs for funding. What does VC stand for?

Accepted Answer

Venture Capitalists

Answer

Valuable Companies

Answer

Volume Contribution

Answer

Vast Corporations

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