Multiple Choice
Which of the following is not a characteristic of a typical angel investor?
A) Investing money locally.
B) Purchasing majority ownership in the company.
C) Investing in the startup phase of the company.
D) Willing to wait seven years or more to cash out an investment.
Correct Answer:

Verified
Correct Answer:
Verified
Q10: Venture capital companies invest only in companies
Q11: The Tanning Parlor is in the middle
Q12: What is an IPO? What type of
Q13: Unlike equity financing, debt financing does not
Q16: Entrepreneurs basically "borrow from themselves" by pledging
Q17: One of the disadvantages of angels is
Q18: Entrepreneurs are most likely to give up
Q19: Private investors look to earn the return
Q20: Commercial banks provide _ of loans to
Q39: In an initial public offering,a company raises