Final answer:
The statement that entrepreneurs inherently dislike risk taking is 2) false; they are known for their willingness to take calculated risks.
Step-by-step explanation:
It is false that entrepreneurs, as a general group, dislike risk taking. Entrepreneurs are typically characterized as risk-takers because they take the initiative to create new products or improve existing ones, aiming to carve out a position in the marketplace. However, successful entrepreneurs do not blindly take risks; they are strategic and calculate their risks very carefully, weighing potential benefits against risks before proceeding with investments.
Conceptually, every young startup is a risk, often beginning with an idea that can transform into a successful business with hard work and wise decision-making. The founders' investment of personal finances demonstrates their confidence in the venture's success. Early investments by angel investors and venture capitalists are made with diligent assessment of the firm's business plan and the founders' commitments, helping to mitigate information asymmetry.