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24-06-2021 E-Business

Q. The primary source of financing during the early years of e-commerce was ______________.

A. bank loans
B. large retail firms
C. venture capital funds
D. initial public offerings


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Dapzoi Verified
Commented on 2021-06-24 15:32:28 (IST)
Answer - C. venture capital funds 

The primary source of financing during the early years of e
-commerce was venture capital funds. Venture Capital is money invested in businesses that are small; or exist only as an initiative, but have huge potential to grow. The people who invest this money are called venture capitalists (VCs).