(Angel Investors)
Which of the following is true about angel investors?
A)After friends and family, angel investors represent around 50% of external equity raised by startups.
B)Angels generally provide “hands-off” investment, allowing entrepreneurs freedom to operate their business as they best see fit.
C)Angels teach entrepreneurs valuable business strategies that go beyond funding.
D)Angels must have an annual income of over US$250,000 or a net worth of US$2 million.
C)Angels teach entrepreneurs valuable business strategies that go beyond funding.
__ is a type of angel investor that has already successfully started and operated their own business, which they may or may not still be running.
A)Entrepreneurial angel
B)Professional angel
C)Corporate angel
D)Enthusiast angel
A)Entrepreneurial angel
__ are individuals who are usually former business executives, often from big multinationals, looking to use their savings or current income to invest.
A)Entrepreneurial angels
B)Professional angels
C)Corporate angels
D)Enthusiast angels
C)Corporate angels
__ financing consists of larger amounts of funds provided for companies that have a team in place and a product or service tested or piloted, but shows little or no revenue.
A)Seed stage
B)Startup
C)Conceptual growth
D)Early-stage
D)Early-stage
which 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)Sweat Equity
B)Angel Investor
C)Accredited Investors
Dnone of these
B)Angel Investor