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A recent college graduate hoping to open a new restaurant has been approached by the retired former owner of a successful chain of sandwich shops.
A recent college graduate hoping to open a new restaurant has been approached by the retired former owner of a successful chain of sandwich shops. The older man wants to be an "angel investor" with an ownership stake in the new restaurant. List several possible reasons motivating the retiree's interest in being an angel investor. Discuss the advantages and disadvantages of the young entrepreneur taking him up on his offer
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