After personal savings, the next largest source of capital for entrepreneurs is from:
A)large multinational banks.
B)the Small Business Administration.
C)state and local governments.
D)friends and family.
________ are private individuals who invest their own money in potentially hot new companies before these firms sell stock publicly.
A)Leveraged buyout specialists
D)Corporate raider investors
A firm or individual providing financial capital to small businesses in exchange for an ownership stake in the company is called a(n):
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