Which of the following is not a primary source of financing for entrepreneurial start-ups?
A) investments by family and friends
B) public equity
C) private investors
D) personal savings

Question

Quizplus · Accepted Answer

The majority of new firms are low-budget start-ups launched with personal savings and the contributions of family and friends. Angel investors, private individuals who provide equity investments for seed capital during the early stages of a new venture, favor companies that already have a winning business model and dominance in a market niche.

Which of the Following Is Not a Primary Source of Financing