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Study Quiz

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Which of the following is the best definition of bootstrapping?

The increase in value or ownership interest created by someone as a result of hard work.

A context for crowdfunding which describes the financial support given by backers without any expectation of a direct return for their donations.

Using the Internet to attract, aggregate, and manage ostensibly inexpensive or even free labor from enthusiastic customers and like-minded people.

The process of building or starting a business with very little funding or capital or virtually nothing at all.

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