Asked by Ryleigh Geddes on Jul 09, 2024
Verified
Generally speaking,there are more minority angel funding groups in the United States than women angel groups.
Minority Angel Funding
Investments made by angel investors who are part of a minority group, or investments made in startups led by individuals from minority groups.
Women Angel Groups
Investment collectives comprised solely or predominantly of women, focusing on providing capital to start-up companies led by female entrepreneurs.
- Understand the significance of diversity in funding sources and its impact.
Verified Answer
RS
Random StuffJul 16, 2024
Final Answer :
False
Explanation :
According to a report by the Center for Venture Research, in 2019, there were 76 active minority angel groups and 52 active women angel groups. Therefore, there are more women angel groups in the United States than minority angel groups.
Learning Objectives
- Understand the significance of diversity in funding sources and its impact.