Ask Question
1 October, 02:13

Firms classified as being part of the sharing economy and collaborative consumption are still considered too risky to attract substantial venture capital investment. True or False

+3
Answers (1)
  1. 1 October, 05:16
    0
    False

    Explanation:

    The collaborative consumption of goods and services based on a peer to peer model. As its, a capitalist economy has many active producers, and sellers on one side and passive consumers on the other. The sharing economy is based on the access to the shared goods and services. Poses risks to the venture capital that have a high growth potential. As the startups face uncertainty the venture capital can lead to a high level of failure. Example of the merges and acquisitions and joint ventures.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Firms classified as being part of the sharing economy and collaborative consumption are still considered too risky to attract substantial ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers