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Resource Mobilization — Entrepreneurship STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceEntrepreneurshipResource Mobilization1 Mark
Question
What do you understand by angel investors?
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Answer

Angel investors are affluent individuals who provide capital for a business start-up having a high-risk, high-return matrix, usually in exchange for convertible debt or ownership equity

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