Nature's Bounty, an organic seed company, is seeking to grow from a small company selling seeds in local markets into a company that sells seeds across several states. The funding for this expansion comes from a wealthy individual who uses his considerable inherited wealth to fund a variety of eco-friendly businesses. Which of the following best describes this individual's relationship with Nature's Bounty?

Question

Quizplus · Accepted Answer

This individual is an angel investor because they are using their personal wealth to fund a specific company, rather than representing a larger institution or corporation. Additionally, their focus on eco-friendly businesses suggests a potential interest in supporting ethical and sustainable practices, which aligns with the values of many angel investors.

Nature's Bounty, an Organic Seed Company, Is Seeking to Grow