When structuring a deal with an "angel," an entrepreneur should remember that:
A)"angels" tend to prefer a controlling interest in the business.
B)the deal needs an annual return of 60-75%.
C)"angel" money is patient,often waiting seven or more years to cash out.
D)they prefer to earn their returns through dividends and interest.

Question

Quizplus · Accepted Answer

"Angel" money is patient and tends to have a longer-term investment horizon, often waiting seven or more years to cash out. Options A and B are not necessarily true and may vary depending on the individual angel investor and the specific deal being structured. Option D may be true for some angels, but not all.

When Structuring a Deal with an "Angel," an Entrepreneur Should