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What is random assignment and how does it differ from random selection?
Angel Investor
A well-off individual who invests in a start-up, commonly in return for a stake in equity or convertible debt.
Due Diligence
An investigation, audit, or review performed to confirm the facts of a matter under consideration, commonly used in business for verifying financial records before entering into a proposed transaction.
Exit Plan
A strategic plan developed by business owners and investors to sell their stake in a company to realize their investment's value.
American Research and Development
One of the early American venture capital firms, ARD is known for its investment in companies such as Digital Equipment Corporation.
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