Asked by Kaveon Condery on Feb 18, 2024
Verified
______ angels are usually former business executives seeking profit who often are also looking to play a large part in the company.
A) Corporate
B) Entrepreneur
C) Professional
D) Enthusiast
Entrepreneur
An individual or a group who creates something new—a new idea, a new item or product, a new institution, a new market, a new set of possibilities.
- Understanding the characteristics and motivations of angel investors in the business world.
- Identifying the different types of angels based on their background and interests.
- Recognizing the potential benefits of having angel investors who bring business expertise and financial resources.
Verified Answer
SM
Scott McConnellFeb 18, 2024
Final Answer :
A
Explanation :
Corporate angels are former business executives who have experience and expertise in the corporate world. They invest in companies with the intention of making a profit and often seek to play an active role in the company's operations. They may bring valuable connections, resources, and knowledge to the table to help the company grow and succeed.
Learning Objectives
- Understanding the characteristics and motivations of angel investors in the business world.
- Identifying the different types of angels based on their background and interests.
- Recognizing the potential benefits of having angel investors who bring business expertise and financial resources.
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