Jeff Arnold and Reggie Bradford created WebMD, an Internet provider of health care information.During the development of this high-growth company, Arnold and Bradford attracted a group of investors who purchased stock in their company and provided them with ______ financing.

Question

Quizplus · Accepted Answer

Equity financing involves raising capital through the sale of shares in a company, which is what Arnold and Bradford did by attracting investors who purchased stock in WebMD.

Jeff Arnold and Reggie Bradford Created WebMD, an Internet Provider