When We Have a Conflict of Interest, We Have Competing

question 11

True/False

When we have a conflict of interest, we have competing concerns that we must balance.

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Definitions:

Angel Investor

A prosperous person supplying financial support for a start-up business, often in exchange for ownership equity or convertible debt.

Post-money Valuation

The value of a company after external financing and injections of equity have been added to its balance sheet.

Entrepreneur

An individual who creates, organizes, and operates a business or businesses, taking on greater than normal financial risks.

$1 Million

Refers to the sum of one million dollars, a significant financial milestone for individuals and businesses.