Which of the following is not a characteristic of a typical angel investor?
A)Investing money locally.
B)Purchasing majority ownership in the company.
C)Investing in the startup phase of the company.
D)Willing to wait seven years or more to cash out an investment.

Question

Quizplus · Accepted Answer

Angel investors typically invest in the early stages of a company and do not necessarily require majority ownership. They are also willing to wait for several years to see a return on their investment. However, purchasing majority ownership is not a characteristic typically associated with angel investors.

Which of the Following Is Not a Characteristic of a Typical