Asked by
Economist Bonface
on Oct 30, 2024
Verified
Angel investors usually look for opportunities in young startups that can be expected to return 10 times their investment in five years.
Angel Investors
Wealthy individuals who provide capital to startups or entrepreneurs, often in exchange for equity stakes, at early stages of business development.
Young Startups
Newly established businesses, typically within the technology sector, that are in the early stages of their operations and are aiming for rapid growth.
- Discern the developmental stages of a startup and the apt sources of capital for every stage.
- Comprehend the responsibilities and prospects of venture capitalists and angel investors in financing startups.
Verified Answer
MM
Learning Objectives
- Discern the developmental stages of a startup and the apt sources of capital for every stage.
- Comprehend the responsibilities and prospects of venture capitalists and angel investors in financing startups.
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