Question

Miguel Santos became very wealthy when his ten-year-old company made it big, and he sold it for several million. Now, he is a(n) _____ who invests in other promising start-up companies. His goal is to make a sizeable return on his investments when these new companies grow to the point where they, too, are sold to a larger firm, or when they go public.

Answer 1

Answer:

Angel investor

Explanation:

Miguel Santos became very wealthy when his ten-year-old company made it big, and he sold it for several million. Now, he is a(n) Angel investor who invests in other promising start-up companies. His goal is to make a sizeable return on his investments when these new companies grow to the point where they, too, are sold to a larger firm, or when they go public.

An Angel investor is someone or any company that invest in start-up companies or companies thst have potential of growing in exchange for an equity ownership interest. Miguel Santos is fond iof investing in promising start-ip companies with the hpe of makjng returns on his investments. This is known as an Angel Investor

Answer 2

Answer:

Angel investor

Explanation: