Stefan wants to start a new business, but his bank will not lend him the money he needs. Stefan saw an advertisement sponsored by a business organization that provides financing for early-stage, high-potential growth companies. The organization sponsoring the advertisement would be considered a _____.

Question

Quizplus · Accepted Answer

The organization sponsoring the advertisement that provides financing for early-stage, high-potential growth companies is most likely a venture capitalist. Venture capitalists are investors who provide funding to start-up companies with high growth potential in exchange for an ownership stake in the company. They often focus on emerging businesses and can provide valuable support, including mentorship and networking opportunities, in addition to funding.

Stefan Wants to Start a New Business, but His Bank