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What is the primary purpose of raising capital for a new venture?
  • a)
    To create innovative products.
  • b)
    To establish strong business relationships.
  • c)
    To lay the groundwork for selling and operations.
  • d)
    To share success with equity investors.
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What is the primary purpose of raising capital for a new venture?a)To ...
The primary purpose of raising capital for a new venture is to lay the groundwork for selling and establishing important relationships. This initial capital is crucial for turning ideas and dreams into a functioning business by funding operations, product development, and building the necessary infrastructure.
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