Question

Mark is a wealthy private financier who funds projects without utilizing a venture capital limited partnership structure. He typically provides funds for start-up projects that are $1 million or less. There have been instances in the past where Mark lost a huge share of money in some projects, but he also received high returns on some other projects. He is aware of the risks, but that does not stop him from funding start-ups. Which of the following would best describe Mark?

a. He is a broker.
b. He is a laggard.
c. He is an angel investor.
d. He is a market leader

Answer 1

c. He is an angel investor.

Step-by-step explanation:

Angle investors would represent the financing companies that are big and they are working for operating the base market in which the investor would be aware of what to be invested at the home markets. The tyoe of investment that discussed on the given situation represent the angle investing

Therefore the option c. is correct