The cofounders for Contap received $275,000 from venture capitalists.What did the investors receive in return?
A) 5% royalties from future sales
B) 15% equity in the business
C) 50% equity in the business
D) 10% royalties from future sales
Correct Answer:
Verified
Q14: _ is the company's value after it
Q15: One step in determining a startup company's
Q17: _ is provided to build the team
Q18: The cofounder of Contap, Jason Craparo, measures
Q19: Equity financing defined as _.
A)the value of
Q21: _ angels are likely to intervene if
Q22: How much return does a typical angel
Q23: _ angels can be former business executives
Q24: What qualifies someone as an accredited investor?
A)only
Q28: _ angels are successful entrepreneurs who want
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