ENTREPRENEURSHIP

Detailed explanation-1: -Angel investors typically use their own money, unlike venture capitalists who take care of pooled money from many other investors and place them in a strategically managed fund.

Detailed explanation-2: -Source of Funds Unlike venture capitalists who invest using money from other investors, angel investors fund entrepreneurs using their own money. The funds may come from a limited liability company, business, trust, or investment fund.

Detailed explanation-3: -Debt and equity finance Debt finance is money provided by an external lender, such as a bank. Equity finance provides funding in exchange for part ownership of your business, such as selling shares to investors.

Detailed explanation-4: -Angel investors, also known as business angels or angels for short, are generally high net worth individuals who use their own money to invest in small businesses and their own judgement in making the investment. In return for the capital they provide, they usually take a minority equity stake in the company.