In general, the most important source of capital for a new entrepreneurial venture is which of the following?
A) Informal investors
B) Venture Capital
C) Banks
D) Profits from the venture
E) Incubators

Question

Quizplus · Accepted Answer

Informal investors, often referred to as "angel investors," are typically the most crucial source of capital for new entrepreneurial ventures. They are usually individuals who provide capital for start-ups, often in exchange for convertible debt or ownership equity. Banks and venture capital firms usually require a track record of profitability, making them less accessible to new ventures. Profits from the venture itself are unlikely to be a significant source of capital in the early stages, and while incubators can provide support, they are not primarily a source of capital.

In General, the Most Important Source of Capital for a New