Startup Quiz

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Please take the quiz below to test your understanding:
How many directors at a minimum required for starting a private limited company?
1
2
4
5
In case of a proprietorship, the liability of the owner is limited.
True
False
To make the cash flow positive, what measures will you chose:
Increase sales
Reduce costs
Get financing
All of the above
If the fixed cost is Rs 100000 and variable cost is Rs 1000, how many items have to be sold at Rs 2000 to achieve breakeven?
100
200
40
400
If VCs ask for 20% of equity in your company which has 100000 shares currently, how many shares do you have to issue?
20000
25000
50000
80000
If pre-money valuation is 1 Million, and VCs invest 1 Million, then what % of equity will you offer?
100%
50%
75%
20%
Which P in 4Ps of marketing related to advertising?
Product
Price
Place
Promotion
How many meetings are required to get 10 customers if conversion rate is 25%?
25
100
50
40
What is the law to be followed for determining salary of employees?
Minimum wages act
PF Act
Pension Act
All of the above
Which tool can be used for planning the activities for your startup?
Zoho
MS Project
Both of the above
None of the above