Question

Select the correct answer. Who are angel investors? A. Individual investors or institutions who give credit to small and medium enterprises B. Wealthy individuals who mostly invest in startups with good potential in exchange for stocks in the business C. Banks that lend money in exchange for collaterals D. Credit unions with stricter guidelines compared to others

Answer 1

Answer: B. . Wealthy individuals who mostly invest in startups with good potential in exchange for stocks in the business

Explanation:

Angel investors are wealthy individuals who mostly invest in startups with good potential in exchange for stocks in the business.

It should be noted that when new businesses are been established or wants to start up, they usually have little capital and often times, need someone to help them with funds.

Am angel investor invests in such companies in exchange for ownership equity and also gives them the.nweded support.