HOPE, Inc. is a new start-up firm with no assets but an idea for a high-risk project. The funding for this project is most apt to come from:

Question

Quizplus · Accepted Answer

Venture capital is the most suitable source of funding for a start-up like HOPE, Inc., which has a high-risk project and no assets. Venture capitalists specialize in investing in high-potential, high-risk startups in exchange for equity.

HOPE, Inc Is a New Start-Up Firm with No Assets but but an Idea