Basic Entrepreneurship moad c

which of the following best describes angel investor

	typically, a high net-worth individual who invests in one or more early-stage startup companies
	a person who can make both equity stock and or strategic investments
	an individual who usually makes late stage investments

	The total potential market for a product or service, measured in dollars of revenue per year
	Calculated by identifying the maximum number of customers who could theoretically buy your category of product or service each year and multiplying that number times your average selling price per unit
	Includes your product sales plus those of all your direct competitors
	Represent 100 % market share for your product
	All the above correct

	To evaluate how much money the company needs to raise
	To determine the new investor s ownership
	For the company to get prepared for Exit
	For successfully passing the Due Diligence