Jeff Arnold and Reggie Bradford Created WebMD, an Internet Provider

question 10

Multiple Choice

Jeff Arnold and Reggie Bradford created WebMD, an Internet provider of health care information.Early in the development of this high-growth company, Arnold and Bradford attracted a group of investors who provided them with money needed to acquire other Internet companies with similar missions.The investment group is called:

• A)entrepreneurial capitalists
• B)equity entrepreneurs
• C)angel investors
• D)investment counselors
• E)consulting owners

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Definitions:

Common Stock

A form of corporate equity ownership, a type of security representing an ownership share in a corporation.

Common Stock Subscribed

Common stock subscribed refers to shares that investors have committed to purchase but have not yet been issued by the company.

Par Value

The nominal or face value of a bond, stock, or coupon as stated by the issuer.

Preferred Stock

A class of ownership in a corporation with a specified dividend that must be paid out before dividends to common stockholders.