Question

Mark is a wealthy private financier who funds projects without utilizing a venture capital limited partnership structure. He typically provides funds for start-up projects that are $1 million or less. There have been instances in the past where Mark lost a huge share of money in some projects, but he also received high returns on some other projects. He is aware of the risks, but that does not stop him from funding start-ups. Which of the following would best describe Mark?

A. He is a broker.

B. He is a laggard.

C. He is an angel investor.

D. He is a market leader

Both net present value and internal rate of return techniques provide concrete financial estimates that facilitate strategic planning and trade-off decisions. True or False

Answer 1

Mark is a Laggard.

The terms broker, market leader, angel investor does not suit his perspective of funding or investing.

False

NPV and IRR does not provide concrete financial estimates.