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What Is Meant by the Term "Bootstrapping"? Provide Several Examples

question 34

Essay

What is meant by the term "bootstrapping"? Provide several examples of the ways that entrepreneurs bootstrap to raise money or cut costs?


Definitions:

Marfan Syndrome

Marfan syndrome is a genetic disorder affecting the body's connective tissue, leading to abnormalities in the heart, blood vessels, bones, joints, and eyes.

Elastin Fibers

Protein fibers found in connective tissue that allow tissues to resume their shape after stretching or contracting.

Hyperextensible Joints

Joints that move beyond the normal range of motion due to loose ligaments, often associated with conditions like Ehlers-Danlos syndrome.

Calcified Matrix

The part of a tissue that has been hardened by the deposition of calcium salts.

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