Musk describes his early days in his first startup, Zip2, as very tight with cash. For example, he and the two other founders began the firm on a very small budget by sleeping on futons in the office. This matches which part of the text's description of entrepreneurship? a) To find venture capital funding. b) To undertake economic risk. c) To create new processes. d) To be in the growth stagee) To develop an elevator pitch.

Question

Lea Thornton

Business

12 October, 06:07

Musk describes his early days in his first startup, Zip2, as very tight with cash. For example, he and the two other founders began the firm on a very small budget by sleeping on futons in the office. This matches which part of the text's description of entrepreneurship? a) To find venture capital funding. b) To undertake economic risk. c) To create new processes. d) To be in the growth stagee) To develop an elevator pitch.

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Answers (1)

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Luciana Vang · Answer 1

b) To undertake economic risk

Explanation:

It means Musk started the business using his own limited and personal funds, this decision is considered a high financial or economic risk decision.

Economic risk are the different situations that could make a business economically unstable based on various decisions made.