A/An ________ is a private, for-profit organization that purchases equity positions in young businesses that will potentially produce returns of 300 to 500 percent over five to seven years.

Question

Quizplus · Accepted Answer

The description given matches that of a venture capital company, which is a type of private, for-profit organization that invests in early-stage companies with high growth potential in exchange for equity positions, with the aim of generating high returns over a period of five to seven years. Commercial banks provide loans and other financial services, angels are individual investors who provide financing to startups, and SB-1 filing is a document filed with the Securities and Exchange Commission for companies seeking to register securities offerings. None of these fully match the description given.

A/An ________ Is a Private, For-Profit Organization That Purchases Equity