Nestor wants to open a new event management company. Deveon, a multinational company, agrees to fund his business on the condition that Deveon be given 50% ownership in the company. In the given scenario, Deveon is most likely a(n) _____.

Question

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Deveon is acting as a venture capital firm because it is providing funding in exchange for equity ownership in Nestor's company.

Nestor Wants to Open a New Event Management Company