Entrepreneurs Might Use an Initial Investment to Reach a Milestone,or

Multiple Choice

Entrepreneurs might use an initial investment to reach a milestone,or a set target that they need to achieve for investors to consider additional financing. Which of the following is an example of a milestone?

A) The development of a prototype for the product.
B) Obtaining customer feedback through a survey or focus group.
C) Organizing the relevant venture team.
D) Hiring employees.
E) Any of the above.