Angel investors typically finance firms that are close to their homes.

Name: Angel investors typically finance firms that are close to their homes.
Brand: Quizplus
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Question

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Angel investors often prefer to invest in companies that are geographically close to them, as it allows for easier communication and monitoring of the business's progress. However, this is not always the case and angel investors may also invest in companies that are located further away if they see significant potential for return on their investment.

Angel Investors Typically Finance Firms That Are Close to Their