Which of the following statement(s) regarding raising equity capital is (are) correct? Choose all correct answer(s) Many large companies choose to stay private instead raising capital through an IPO, because there are many disadvantages associated with being a publicly-listed company. The initial capital that is required to start a business is usually provided by the entrepreneur herself and her immediate family. When a company founder decides to sell equity to outside investors for the first time, it is common practice for private companies to issue common stock rather than preferred stock to raise capital. Angel investors are typically arranged as limited partnerships