Which of the following is an example of a wealthy private investor?

An angel investor is a wealthy private investor who provides capital to startups or early-stage companies, often in exchange for convertible debt or ownership equity. This type of investor typically uses their personal funds to invest in new ventures, making them crucial for entrepreneurs who may lack access to traditional financing options. Angel investors often not only provide financial support but may also offer guidance or mentorship to the business, leveraging their experience and networks to help the startups succeed.

This definition differentiates angel investors from other types of investors, such as venture capitalists and hedge fund managers, who typically manage pooled funds from various investors rather than using their own wealth alone. Equity firms are primarily involved in acquiring businesses with the goal of improving their value and may not fit the description of a wealthy private individual investor.