In: Finance
During the developmental stage, seed financing chiefly comprises:
a. funds form business angels and venture capitalists
b. the entrepreneur's personal assets
c. funds from family and friends
d. a, b, and c
e. only b and c
Answer : Correct option is e. only b and c
Reason :
Seed Financing is the type of early stage financing where the funds are generally raised from Family and Friends in exchange of Equity stake , It also includes The enterprenurs personal assets .Therefore During the developmental stage, seed financing chiefly comprises of the entrepreneur's personal assets or funds from family and friends