Jeff Arnold and Reggie Bradford created WebMD, an Internet provider of health care information.Early in the development of this high-growth company, Arnold and Bradford attracted a group of investors who provided them with money needed to acquire other Internet companies with similar missions.The investment group is called:

Question

Quizplus · Accepted Answer

Angel investors are individuals or a group of investors who provide capital for start-ups or early-stage companies in exchange for ownership equity or convertible debt. In the context of WebMD, as described, the investors who provided money for acquisitions and growth at an early stage would be considered angel investors.

Jeff Arnold and Reggie Bradford Created WebMD, an Internet Provider