Answer the following statement(s) true (T) or false (F)Answer the following statement(s) true (T) or false (F)

1. In early-stage financing, small amounts are given so that entrepreneurs can prove a business concept
2. Seed-stage financing consists of small amounts of capital to help entrepreneurs prove a concept.
3. Entrepreneurs should not conduct due diligence on potential venture capital investors.
4. An angel investor is frequently a family member or close friend.
5. The experience of the cofounders and previous successes will influence an investor’s willingness to invest in your company
6. If an entrepreneur issues convertible debt, he or she will lose control of the company.


1. False
2. True
3. False
4. False
5. True
6. False

Business

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