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Five Friends from College Have Grown Their Mobile Messaging Business

Question 70

Multiple Choice

Five friends from college have grown their mobile messaging business into a powerhouse with over 700 million users worldwide. They have received venture capital funding in the past but now need a much larger round of funding to fuel their high growth potential. What is their most likely source of funding?


A) personal funds, family, and friends
B) bank lending
C) angel investor
D) public stock offering

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