Asked by Jailah Armstrong on May 02, 2024
Verified
A/an ______ is a type of investor who uses his or her own money to provide funds to young startup private businesses run by entrepreneurs who are neither friends nor family.
A) seed investor
B) bridge investor
C) equity investor
D) angel investor
Angel Investor
A type of investor who uses his or her own money to provide funds to young startup private businesses run by entrepreneurs who are neither friends nor family.
Private Businesses
Enterprises owned by individuals or groups without governmental shares and not traded on the public stock markets, characterized by privately held ownership structures.
Entrepreneurs
Individuals who organize and operate businesses, taking on greater than normal financial risks.
- Distinguishing among diverse kinds of investors and understanding their significance in startup operations.
Verified Answer
Learning Objectives
- Distinguishing among diverse kinds of investors and understanding their significance in startup operations.
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