MID

Each response should be 200-250 content words and include citations and references

1. Why is bootstrapping important for (a) closely held companies and (b) early-stage, high-growth companies seeking equity investors?

2. Describe seven techniques for bootstrapping that you could use if you started a company.

3. Explain the spiderweb model.

4. What are the similarities and differences between the two tools for designing business models?