Asked by
Hassan Hossainzada
on Nov 09, 2024
Verified
Walter is a retired CEO of a Fortune 500 company. He now focuses much of his energy on loaning money to new business owners who have innovative ideas but limited funds. Walter can best be described as what type of angel?
A) professional angel
B) micromanagement angel
C) corporate angel
D) white angel
Corporate Angel
A benefactor, often a company, that provides support or rescue financing to help a struggling business or start-up.
Fortune 500
The Fortune 500 is an annual list compiled and published by Fortune magazine that ranks 500 of the largest United States corporations by total revenue for their respective fiscal years.
- Understand the role and characteristics of angel investors and venture capitalists in financing small businesses.
Verified Answer
RA
Learning Objectives
- Understand the role and characteristics of angel investors and venture capitalists in financing small businesses.
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