Richard is a wealthy and successful businessman who is well known for financing many successful start-ups. He has earned a sizable amount of profit by providing capital to start-ups in return for a share of their profits. In the given scenario, which of the following statements is true of Richard?
A. He provides venture capital to start-ups.
B. He provides commercial loans to start-ups.
C. He is a general partner.
D. He is an angel investor.
Answer: D
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