Question

Ted's new company is experiencing a steady decline in profit. He needs external financing to prevent his company's profits from declining further. Considering the fact that he wants to exercise sole ownership and control over the firm for as long as possible, Ted is likely to find angel investors who are interested in helping him meet his financial needs.

Answer 1

Answer:

False

Explanation:

Angel Investors are investors who invest in new start-ups in order to help them get moving and be able to advance with their goals and visions for the business. They do this in exchange for an ownership equity of the startup that they are investing in. This being the case, since Ted wants to exercise sole ownership and control over the firm for as long as possible, it can be said that it will not be easy to find Angel investors willing to help him meet his financial needs.

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