Britt raises money from wealthy individuals and institutional investors,and invests them in a variety of promising new companies.In exchange,he will become part owner of those businesses.Britt is a(n)_____.

Question

Quizplus · Accepted Answer

Britt's role as someone who raises money from investors and invests them in new companies while becoming part owner of those businesses aligns with the definition of a venture capitalist. Angel investors typically invest their own money rather than raise money from others, underwriters facilitate the sale of securities rather than directly investing in companies, and entrepreneurs are the individuals starting and running the businesses rather than investing in them.

Britt Raises Money from Wealthy Individuals and Institutional Investors,and Invests