You want to be a venture capitalist (you have a lot of money to invest in other business that needed money) and recently identif

Question

3 years ago

6

You want to be a venture capitalist (you have a lot of money to invest in other business that needed money) and recently identif

ied a new trend in technology (suppose it is a new solar power generation) that you just happen to have some expertise. This opportunity will require upwards of $10 million dollars to fund which you have available, but not much more. What type of business ownership should you choose to start this business?

Business

1 answer:

vfiekz [6] · Answer 1 · 2022-10-05T09:01:59+03:00

Answer:

Invest money yourself and start a small venture capital company.

Explanation:

Venture capital is business financing strategy for startups which require high investments but also have high risk. The returns for such business is also high due to the risk exposure. These business have potential to grow beyond expectations. The investments is made by a person in the company to give it rise because of its long term growth potential. The solar power generation have trend that is gaining significance so investing in such a business is intelligent move.