Which of the following statements about business angels is NOT true?
A) They tend to demand higher return on their investment than venture capitalists.
B) The typical business angel is a former entrepreneur.
C) Many invest in new companies to stay involved with the entrepreneurial process.
D) They generally invest between $10,000 and $200,000 per venture in businesses.
E) All of the above statements are true.
Correct Answer:
Verified
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