Divesh Asked :
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
Submit Your Answer
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).