How Well Do You Know Crowdfunding? Put Your Skills to the Test with this Quiz!Crowdfunding / Crowdfunding Overview, Crowdfunding Process, Quiz 0% Crowdfunding Welcome to the Crowdfunding Quiz!This quiz will test your knowledge about crowdfunding as a way to raise money for a small business. Are you ready to put your knowledge to the test? 1 / 10 1. What is crowdfunding? A way to raise money from a large group of people A way to borrow money from a group of banks A way to sell shares of a company to a pool of investors A way to raise money from a government agency 2 / 10 2. What are the three types of crowdfunding? Reward-based, equity-based, donation-based Debt-based, equity-based, peer-to-peer-based Donation-based, bond-based, reward-based Debt-based, bond-based, equity-based 3 / 10 3. What is reward-based crowdfunding? A way to sell shares of a company in the form of rewards to backers A way to borrow money in exchange for a reward to backer A way to raise money by offering rewards to backers None of the above 4 / 10 4. What is equity-based crowdfunding? A way to borrow money from investors A way to borrow money from a bank A way to raise money by offering a percentage ownership in the company to investors None of the above 5 / 10 5. What is donation-based crowdfunding? A way to raise money by offering an income tax write-off in exchange for a donation A way to raise money by offering a percentage ownership in the company to backers A way to raise money by accepting donations from individuals None of the above 6 / 10 6. What is the main benefit of equity crowdfunding for a small business? The ability to raise large amounts of money The ability to avoid taking on debt The ability to build a community of supporters All of the above 7 / 10 7. What is the main benefit of rewards-based crowdfunding for a small business? The ability to avoid taking on debt The ability to build a community of supporters The ability to retain full control of the business All of the above 8 / 10 8. What is the main benefit of donation-based crowdfunding for a small business? The ability to raise money for a cause The ability to avoid income taxes The ability to build a community of supporters All of the above 9 / 10 9. What is the difference between equity-based crowdfunding and rewards-based crowdfunding? Equity-based crowdfunding involves selling shares of the business to investors, while rewards-based crowdfunding involves offering rewards to backers Reward-based crowdfunding involves offering rewards to backers, while equity-based crowdfunding involves borrowing money from backers Equity-based crowdfunding involves providing loans to the business, while rewards-based crowdfunding involves donating money to the business None of the above 10 / 10 10. How do investors benefit from equity-based crowdfunding? They receive rewards from the business They receive all the profits from the business They receive ownership shares in the business They receive tax deductions for their investment Your score isThe average score is 90% LinkedIn Facebook VKontakte 0% Restart quiz Related Posts:Crowdfunding Primer - What You Need To Know For A…23 Popular Crowdfunding Platforms (Updated 2024)The Hidden Value of CrowdfundingCrowdfunding: Campaign Follow-upCrowdfunding: Process OverviewCrowdfunding 101Everything You Wanted To Know About EntrepreneurshipCrowdfunding: Platform Research
