Gemini Inc., a large conglomerate, offered Timothy's new logistics company the much required financial support in exchange for a 40% ownership in the company. It also provided Timothy with an experienced group of people to help him make crucial decisions for the company. In the given scenario, which of the following statements is true of Gemini Inc.?
A) It is an angel investor.
B) It is a venture capital firm.
C) It is a sole proprietor.
D) It provides commercial loans.
Correct Answer:
Verified
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A)
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