A wealthy private individual who invests in return for equity in a new venture is called a(n) __________.
A) equity investor
B) angel investor
C) new venture manager
D) banker

Question

Quizplus · Accepted Answer

An angel investor is a wealthy private individual who invests in return for equity in a new venture. They provide financial support and mentorship to startups in their early stages of development. Option A, equity investor, is a more general term that can include anyone who invests in equity, not just individuals. Option C, new venture manager, refers to the person who manages a new venture, not the investor. Option D, banker, is a person who provides loans or financial services, but typically not equity investments.

A Wealthy Private Individual Who Invests in Return for Equity