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NextQ7

Assertion (A): The Angel Investors were given the acronym FFF i.e. FRIENDS, FAMILY, AND FOOLS. Reason (R): Angel investors are high net-worth individuals who have the knowledge, expertise, and funds that help start-ups without due diligence.

Angel Investors and Venture CapitalStudy Simplify SpecialPYQ1MCQ
Question 6

The entrepreneur at this stage needs assistance from the venture capitalists for expansion, modernization, diversification so that economies of scale and stability could be attained:

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