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Question
Describe the role of an angel investor in an entrepreneurial venture.
Answer in Brief
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Solution
- Most angels provide proactive advice, guidance, industry connections and mentoring start-ups in their early days.
- Their objective is to create excellent companies by providing value creation and simultaneously helping investors realize a high return on investments.
- They have a sharp inclination to keep abreast of current developments in a particular business arena, mentoring another generation of entrepreneurs by making use of their vast experience.
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