NextQ8

XYZ Ltd. is a manufacturer of coffee. The company planned to expand and was planning to buy a land in Karnataka. The chief financial officer suggested to offer the shares to a limited number of sophisticated investors. Out of the following, identify the method of raising the funds being suggested by the CFO.

Angel Investors and Venture CapitalStudy Simplify SpecialPYQ1MCQAR
Question 7

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.

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