Multiple Choice
Which of the following best describes an angel investor?
A) Families and friends of an entrepreneur are not angel investors.
B) Angel investors raise money and then use this money to make investments in new firms.
C) Angel investors make fewer investments than venture capitalists.
D) Angel investors focus on a small number of industries.
E) Angel investors provide initial financing to start-up ventures.
Correct Answer:
Verified
Correct Answer:
Verified
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Q15: Angel investors and venture capitalists provide _
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