Refer to the Opening Case - AngelList Helps Entrepreneurs Build

question 25

Multiple Choice

Refer to the Opening Case - AngelList Helps Entrepreneurs Build Companies: Which of the following is NOT a correct statement about how AngelList works?

• A)Startups access the site and create profiles that list information such as their previous financial backers (if any)and the amount of capital they have already raised.
• B)Startups utilize their profiles to make their "pitch" to hundreds of certified investors
• C)To avoid fraud, AngelList vets its investors by requiring them to provide a track record of their prior investments.
• D)AngelList is open to any business that are trying to obtain funding.