Richard is a wealthy and successful businessman who is well known for financing many successful start-ups. He has earned a sizable amount of profit by providing capital to start-ups in return for a share of their profits. In the given scenario, which of the following statements is true of Richard?
A) He provides venture capital to start-ups.
B) He provides commercial loans to start-ups.
C) He is a general partner.
D) He is an angel investor.
Correct Answer:
Verified
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