Which of the following statements is NOT correct regarding business angels?
A) Business angels invest in more startups on a yearly basis than venture capitalists.
B) The number of angel investors has decreased dramatically over the past decade.
C) Business angels usually take a seat on the board of directors of the firms in which they invest.
D) Business angels are valuable because of their willingness to make relatively small investments.
E) Business angels are difficult to find.

Question

Quizplus · Accepted Answer

The number of angel investors has actually increased in recent years, not decreased. According to the Center for Venture Research, there were 316,000 active angel investors in the United States in 2019, an increase from the 283,000 in 2014.

Which of the Following Statements Is NOT Correct Regarding Business